Tesla hits a grim milestone: its second straight year of losses
Government
Tesla just reported its second consecutive year of declining revenue and profits, further complicating Elon Musk’s $1 trillion effort to transform his company into a leader in AI and robotics. Meanwhile, the global EV market continues to grow, seemingly in spite of the pioneering company’s setbacks. Tesla said it earned $840 million in net income on $24.9 billion in revenue in the quarter that ended in December 2025. That’s a 3 percent decrease in revenue and a staggering 61 percent decrease in
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