Tesla released its latest quarterly sales figures — and they're worse than Wall Street expected. Elon Musk's automaker saw sales fall by nearly 16% and recorded its second consecutive annual decline.
Tesla reported a bigger-than-expected fall in fourth-quarter deliveries on Friday and posted a second straight decline in annual sales, as it struggled to whip up demand for its electric vehicles following the withdrawal of tax subsidies.
Tesla reported 418,227 vehicle deliveries in the fourth quarter. The electric vehicle maker faces steep competition across the globe from companies including BYD, Kia, Hyundai and Volkswagen.
As 2026 commences, the primary concern for Tesla (NASDAQ:TSLA) is no longer the speed of its vehicle volume growth. Instead, it's whether its AI aspirations can evolve into sustainable, profitable businesses.
Tesla Inc.'s (NASDAQ: TSLA) share price has retreated 6.4% in the past week.
Elon Musk gave away nearly $100 million worth of Tesla shares to undisclosed charities on Tuesday. An SEC filing said the gift was made in connection with "year-end tax planning.
Tesla rattled investors this week by publishing its own compilation of analyst delivery estimates -- a move that observers described as unusual.
EV maker Rivian's stock has outperformed Tesla shares by a wide margin in 2025.
Elon Musk became the first person to reach a net worth of $700 billion after Delaware's Supreme Court reinstated $139 billion in Tesla, Inc. (TSLA) stock options that were previously voided, creating renewed attention for single-stock ETFs tracking the electric vehicle maker.
Tesla published analyst estimates ahead of releasing critical sales figures this week. It was a surprise move for Elon Musk's EV maker, with one former investor calling it "highly unusual.
Michael Burry, the investor made famous for calling the housing crash before 2008, has denied shorting Tesla's shares. It comes shortly after the "The Big Short" investor doubled down on his view that the carmaker's market capitalization is "ridiculously overvalued.
With 2026 dawning tomorrow, Tesla ( NASDAQ:TSLA ) shares have pulled back from their all-time high of just under $499 per share, marking a 12.5% gain for the year.