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Elon Musk promised a ‘major rebound’ for Tesla in 2025. Instead it fell behind its biggest rival from China
Yahoo Finance· 2026-01-03 13:46
Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics, expiring U.S. tax breaks for buyers and stiff overseas competition pushed sales down for a second year in a row. Tesla said that it delivered 1.64 million vehicles in 2025, down 9% from a year earlier. Chinese rival BYD, which sold 2.26 million vehicles last year, is now the biggest EV maker. It’s a stunning reversal for a car company whose rise once seemed unstoppa ...
Tesla loses title as world's biggest electric carmaker
Fastcompany· 2026-01-02 17:31
Core Insights - Tesla has lost its position as the world's bestselling electric vehicle maker, with deliveries falling to 1.64 million vehicles in 2025, a 9% decrease from the previous year, while Chinese rival BYD sold 2.26 million vehicles [1][8] - The decline in Tesla's sales is attributed to customer dissatisfaction with Elon Musk's political stance, the expiration of U.S. tax breaks, and increased competition from overseas [1][2] Sales Performance - In the fourth quarter, Tesla's sales totaled 418,227 vehicles, which was below the expected 440,000, impacted by the end of a $7,500 tax credit [3] - Analysts predict a 3% drop in sales and nearly a 40% drop in earnings per share for the upcoming fourth-quarter earnings report [6] Strategic Initiatives - Tesla has introduced stripped-down versions of the Model Y and Model 3, priced under $40,000 and $37,000 respectively, to enhance competitiveness against Chinese models in Europe and Asia [5] - Despite current sales challenges, investors remain optimistic about Musk's vision for Tesla's future, including ambitions in robotaxi services and humanoid robots [4][7] Market Reaction - Tesla's stock saw a slight increase of 0.5% to $451.60 in early trading, reflecting some investor confidence despite declining sales figures [3] - The stock finished 2025 with an approximate gain of 11%, indicating a focus on long-term potential rather than short-term sales declines [4]
Gary Black Calls Tesla's Move To Release Delivery Estimate Data 'Highly Unusual:' Says Delivery Shortfall Could Coincide With Robotaxi Announcement
Yahoo Finance· 2025-12-31 21:31
Gary Black, managing director at The Future Fund LLC, thinks that Tesla Inc. (NASDAQ:TSLA) releasing delivery estimates preemptively is an atypical move on the Elon Musk-led EV giant's part. ‘Highly Unusual,' Says Gary Black On Monday, the investor, sharing his thoughts in a post on X, said that it was "highly unusual" for the EV giant to share "quarterly consensus delivery estimates" via a press release. He shared that delivery consensus among analysts for the fourth quarter hovered around the 445k-mark, ...
Gary Black Calls Tesla's Move To Release Delivery Estimate Data 'Highly Unusual:' Says Delivery Shortfall Could Coincide With Robotaxi Announcement - Tesla (NASDAQ:TSLA)
Benzinga· 2025-12-30 05:52
Gary Black, managing director at The Future Fund LLC, thinks that Tesla Inc. (NASDAQ:TSLA) releasing delivery estimates preemptively is an atypical move on the Elon Musk-led EV giant's part.Check out the current price of TSLA here.‘Highly Unusual,' Says Gary BlackOn Monday, the investor, sharing his thoughts in a post on X, said that it was "highly unusual" for the EV giant to share "quarterly consensus delivery estimates" via a press release. He shared that delivery consensus among analysts for the fourth ...
Elon Musk-Led Tesla's Cybercab Spotted Testing In Austin Amid Robotaxi, Driverless Push - Tesla (NASDAQ:TSLA)
Benzinga· 2025-12-19 08:24
A Tesla Inc. (NASDAQ:TSLA) Cybercab was recently spotted testing in Austin amid CEO Elon Musk's driverless operations goal.Cybercab In AustinOn Thursday, influencer Sawyer Merritt took to the social media platform X, sharing pictures of a Cybercab in gold with Texas registration plates being driven around the streets of Austin.Tesla didn't immediately respond to Benzinga's request for comment.Recently, a Model Y Robotaxi was also spotted in Austin operating on the streets autonomously, sparking claims that ...
Tesla Can Surpass Waymo By 2028 (NASDAQ:TSLA)
Seeking Alpha· 2025-12-17 15:07
I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber-only portfolios.Tesla, Inc. ( TSLA ) stock reclaimed its all-time highs yesterday, as investors cheered the progress in the company’s driverless robotaxi testing in Austin , where it now lets these cars driveAmrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment strategy for the family fund. The fund's ...
Tesla Can Surpass Waymo By 2028
Seeking Alpha· 2025-12-17 15:07
I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber-only portfolios.Tesla, Inc. ( TSLA ) stock reclaimed its all-time highs yesterday, as investors cheered the progress in the company’s driverless robotaxi testing in Austin , where it now lets these cars driveAmrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment strategy for the family fund. The fund's ...
Tesla shares jump as Musk confirms driverless robotaxi testing
Reuters· 2025-12-15 15:46
Tesla shares hit their highest in nearly a year on Monday after CEO Elon Musk said the electric-vehicle maker was testing its robotaxis without safety monitors in the front passenger seat. ...
Stellantis partners with Bolt for 2026 driverless ride-hailing trials in Europe
Reuters· 2025-12-09 07:57
Core Insights - Stellantis is collaborating with Estonia-based ride-hailing platform Bolt to introduce driverless vehicles in Europe, with on-road trials set to commence in 2026 [1] Group 1 - Stellantis aims to enhance its presence in the autonomous vehicle market through this partnership with Bolt [1] - The collaboration signifies a strategic move towards integrating advanced technology in the automotive industry [1] - The deployment of driverless vehicles aligns with the growing trend of automation in transportation services across Europe [1]
Robotaxi Rollout Is Paying Off For WeRide
Benzinga· 2025-11-28 13:14
The driverless technology company is enjoying a payoff from expanding its global taxi fleet, with quarterly revenues surging and losses continuing to shrinkKey Takeaways:Third-quarter revenue more than doubled, marking the biggest quarterly jump in the company's historyGross margin leapt to 32.9% as robotaxi revenues took off Driverless car company WeRide Inc. (NASDAQ:WRD) (0800.HK) has accelerated along the path towards profitability, powered by surging robotaxi revenues.Competitors in the robotaxi race ar ...