economy
Tesla: 2024 was bad, 2025 was worse as profit falls 46 percent
More than half its profit came from emissions credits as sales fell 8.6 percent.
TL;DR
- Tesla's automotive revenues fell 10% in 2025 compared to 2024, reaching $69.5 billion.
- The energy storage business revenue increased by 25% in Q4 and 27% for the full year.
- Services revenue grew by 18% in Q4 and 19% for the full year.
- Net profit for 2025 decreased by 46% to $3.8 billion.
- Profit margin dropped to 4.9% in 2025 from 7.2% in 2024.
- Tesla plans volume production of the Cybercab robotaxi, Tesla Semi, and Megabuck energy storage system in the current year.
- The company recently agreed to invest $2 billion into xAI.