
Tesla profit tanked 46% in 2025
Tesla reported a 46% drop in profit in 2025 as vehicle sales declined, federal EV incentives ended, and the company increased spending on AI, energy, and robotics initiatives.
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Tesla reported a 46% drop in profit in 2025 as vehicle sales declined, federal EV incentives ended, and the company increased spending on AI, energy, and robotics initiatives.

Tesla says it will end production of the Model S and Model X, marking the retirement of two vehicles that helped define the modern electric-car era as the company shifts its focus toward…

General Motors plans to end production of the Chevy Bolt EV next year as it shifts Buick and Chevrolet manufacturing from China and Mexico to a US plant in Kansas.

Tesla has discontinued Autopilot as standard driver assistance, shifting customers toward its Full Self-Driving software amid regulatory pressure and pricing changes.

Canada has sharply reduced tariffs on Chinese electric vehicles, a move that could bring Chinese EV makers closer to the US market amid shifting global trade dynamics.

Tesla has dropped the one-time purchase option for Full Self-Driving, moving entirely to a monthly subscription as it reshapes its autonomous driving strategy.

Rose Marcario, former CEO of Patagonia, is resigning from Rivian’s board of directors effective January 1 to focus on other commitments. Marcario, who has served on the board since 2021…

Ford is ending production of the fully-electric F-150 Lightning as part of a strategic pivot. In its place, the company will offer an "extended range electric vehicle" version with a gas…

Tesla has begun testing fully driverless robotaxis in Austin, removing safety drivers for the first time. The move brings the company closer to launching a commercial Robotaxi service…

Zevo is expanding its EV-only car-share fleet by adding robotaxis through a new partnership with Tensor, a startup claiming it will sell fully autonomous consumer vehicles by 2026. Zevo…

Redwood Materials has reportedly laid off about 5% of its workforce shortly after raising $350 million, impacting a few dozen employees at the Nevada-based battery recycling company.

A new fire has broken out at the Novelis aluminum plant in Oswego, a key supplier for Ford’s F-150 trucks, raising new concerns after previous shutdowns.