Telsa’s revenue and profits tumbled in the fourth quarter, capping off the most difficult year for the electric automaker since it became profitable six years ago.

Jan 28 (Reuters) - Tesla beat Wall Street estimates for fourth-quarter revenue on Wednesday despite the Elon Musk-led automaker delivering fewer-than-expected vehicles in the holiday quarter. The Austin,

Tesla just reported its second consecutive year of declining revenue and profits, further complicating Elon Musk’s $1 trillion effort to transform his company into a leader in AI and robotics. Meanwhile, the global EV market continues to grow, seemingly in spite of the pioneering company’s setbacks.

The company's sales fell for a second year in a row despite CEO Elon Musk spending years promising 50% annual growth.

Tesla Inc. posted its first annual revenue decline in 2025, underscoring how political shifts and growing consumer unease with Elon Musk’s activism are complicating the electric-car maker’s growth story just as competition intensifies.

Though Tesla sales in Europe collapsed last year as it lost ground to rivals, its shares continue to outperform the broader market.