Tesla reports first ever annual revenue decline as Chinas EV giants zoom ahead
South China Morning Post2 days
Tesla Reports First Annual Revenue Decline in History
Is Tesla in crisis with a failing car business or strategically pivoting to a technology empire?
Above: The Tesla logo on a Tesla electric sedan in Vail, Colorado. Image credit: Robert Alexander/Getty Images
The Spin
Establishment-critical narrative
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.
Pro-establishment narrative
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
Public Figures
The Controversies
Establishment split
CRITICAL
PRO
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© 2026 Improve the News Foundation.
All rights reserved.
Version 6.18.0