Tesla profit tanked 46% in 2025 | TechCrunch
Topics
Latest
AI
Amazon
Apps
Biotech & Health
Climate
Cloud Computing
Commerce
Crypto
Enterprise
EVs
Fintech
Fundraising
Gadgets
Gaming
Google
Government & Policy
Hardware
Instagram
Layoffs
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
Social
Space
Startups
TikTok
Transportation
Venture
More from TechCrunch
Staff
Events
Startup Battlefield
StrictlyVC
Newsletters
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
Tesla profit tanked 46% in 2025
Tesla’s profit fell 46% in 2025 compared to the prior year, as CEO Elon Musk assumed a role in the Trump administration and federal electric vehicle subsidies were killed off by Congress, causing sales to plummet.
The electric vehicle company reported Wednesday that it recorded just $3.8 billion in profit across the year, its lowest tally in years. Total revenue from car sales fell 11% year-over-year, too. Tesla already revealed that it shipped 1.63 million cars globally across 2025. That marks the second year in a row that its sales have declined, after Musk spent years promising average annual growth of 50%.
The revenue and profit declines come as Tesla continues its attempt to lure investors’ attention away from its stalled-out automotive business.
“2025 marked a critical year for Tesla as we further expanded our mission and continued our transition from a hardware-centric business to a physical AI company,” the company wrote in its shareholder letter. Tesla revealed in the letter that it recently invested $2 billion in Elon Musk’s artificial intelligence startup xAI, part of that company’s Series E funding round.
This story is developing…
Topics
Sr. Reporter, Transportation
Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. Most recently, he was a reporter at Bloomberg News where he helped break stories about some of the most notorious EV SPAC flops. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.
You can contact or verify outreach from Sean by emailing [email protected] or via encrypted message at okane.01 on Signal.
Tickets are live at the lowest rates of the year. Save up to $680 on your pass — and if you’re among the first 500 registrants, score a +1 pass at 50% off.Meet investors. Discover your next portfolio company. Hear from 250+ tech leaders, dive into 200+ sessions, and explore 300+ startups building what’s next. Don’t miss these one-time savings.
Most Popular
Meta to test premium subscriptions on Instagram, Facebook, and WhatsApp
Meta to test premium subscriptions on Instagram, Facebook, and WhatsApp
Anthropic launches interactive Claude apps, including Slack and other workplace tools
Anthropic launches interactive Claude apps, including Slack and other workplace tools
This founder cracked firefighting — now he’s creating an AI gold mine
This founder cracked firefighting — now he’s creating an AI gold mine
TikTok users freak out over app’s ‘immigration status’ collection — here’s what it means
TikTok users freak out over app’s ‘immigration status’ collection — here’s what it means
Researchers say Russian government hackers were behind attempted Poland power outage
Researchers say Russian government hackers were behind attempted Poland power outage
Microsoft gave FBI a set of BitLocker encryption keys to unlock suspects’ laptops: Reports
Microsoft gave FBI a set of BitLocker encryption keys to unlock suspects’ laptops: Reports
Capital One acquires Brex for a steep discount to its peak valuation, but early believers are laughing all the way to the bank
Capital One acquires Brex for a steep discount to its peak valuation, but early believers are laughing all the way to the bank
© 2025 TechCrunch Media LLC.