The electric vehicle maker’s fourth-quarter sales and profit dropped, but the company still beat Wall Street’s expectations.

The carmaker used its quarterly earnings report to describe itself as a 'physical AI company.' So far, investors don't seem rattled by the pivot.

Tesla's unconventional Cybertruck electric pickup truck may soon be heading for an autonomous, commercial future, the company's CEO Elon Musk said

Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.

Potter has an overweight rating on Tesla shares and a target price of $500, which implies a gain of about 15% over the next 12 months. But “without new disclosure, we fear investors may refocus on declining near-term estimates,” Potter wrote.

Tesla's Cybertruck sales were cut nearly in half in 2025, according to new data released by Cox Automotive. The Silicon Valley electric automaker sold 20,237 of its unconventional electric pickup trucks in 2025, which was 48.1% fewer cars than the 38,965 the company moved in 2024.

Tesla is giving the Model S and Model X the ax. Recent sales figures help explain why.

Tesla Cybertruck sales dropped by nearly 50% last year, despite 2025 2being the second-best year on record for electronic vehicle sales in the U.S.

Though Tesla sales in Europe collapsed last year as it lost ground to rivals, its shares continue to outperform the broader market.

Tesla shares aren't cheap, but the stock is worth a look by investors aiming to potentially compound $500.

The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.

“The vast majority of miles traveled will be autonomous in the future.”