By Nick Robins-Early
Publication Date: 2026-01-28 22:22:00
Tesla’s latest quarterly earnings report showed declining vehicle sales and declining revenue as the company’s CEO Elon Musk bets the company’s future on AI and robotics. The earnings report described Tesla’s chaotic year as a “transition from a hardware-centric company to a physical AI company.”
The high hopes and great opportunities outlined by Musk helped Tesla beat Wall Street expectations, even as the company reported a decline in overall sales for the first time – a 3% year-over-year loss. Tesla reported fourth-quarter earnings per share of $0.50 after the market closed on Wednesday, beating Wall Street’s expectations of $0.45. Reported revenue was $24.9 billion, beating analyst estimates of $24.79 billion.
The company’s total automotive sales fell 11% year-over-year in 2025. Earlier this month, Tesla reported its fourth-quarter vehicle delivery numbers, which measure buyers’ receipt of their cars rather than dealer sales, which showed a 16% decline…
