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Tesla Reports First Annual Revenue Decline in History

Tesla Reports First Annual Revenue Decline in History

Tesla Reports First Annual Revenue Decline in History
Above: The Tesla logo on a Tesla electric sedan in Vail, Colorado. Image credit: Robert Alexander/Getty Images

The Spin

Tesla's revenue collapse exposes a company in crisis, hemorrhaging customers due to an aging product lineup and fierce competition from rivals like BYD. The pivot to robotaxis and robots looks like a desperate distraction from the core business failure, with wildly overblown predictions masking the reality that only a handful of vehicles operate under strict limitations.

The revenue dip marks Tesla's strategic transformation from a car company to a technology empire, not a decline. Energy storage surged 49% while the company ruthlessly reallocates resources toward manufacturing a million humanoid robots annually. Beating Wall Street expectations during this massive pivot proves the business remains profitable while building entirely new markets.

Metaculus Prediction

There's a 3% chance that Tesla will become the largest car company in the world (by sales) before 2035, according to the Metaculus prediction community.


The Controversies



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© 2026 Improve the News Foundation. All rights reserved.Version 6.18.0

© 2026 Improve the News Foundation.

All rights reserved.

Version 6.18.0