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2026-01-29 00:00:04

Tesla Profits Plunge 46% Amid Musks Political Woes

Tesla's annual profit plunged 46% to $3.8bn, marking a second year of steep decline. Despite aging models and brand issues, investor confidence remains, buoyed by Musk's focus on future robotaxis and energy storage growth. read more

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2026-01-28 23:20:04

Tesla Profits Plunge Amid Musks Political Fallout

#TeslaEarnings #EVMarket

Tesla's annual profit fell to its lowest level since the pandemic, losing its top EV maker title to a Chinese rival amid sales boycotts. Net income dropped 46% to $3.8 billion despite new models. Musk shifts focus to robotaxis and AI. read more