Elon Musk says Tesla will stop producing its S and X models
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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 CEO Elon Musk said that autonomous Cybertrucks could be used for cargo deliveries, which betrays a misunderstanding of basic shapes.
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
Tesla CEO Elon Musk overpromised sales of 250,000 Cybertrucks annually by 2025. The company has reached barely 8% of that target. The Tesla Cybertruck is the new Ford Edsel, taking the crown from one of the biggest flops in American car history.
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Tesla earnings fall 17%, Model S, X to end; Elon Musk sees robotaxi expansion, huge capex (live coverage)
Tesla reported earnings late Wednesday. Elon Musk's conference call and robotaxis are in focus. Tesla stock is below key levels.
Cybertruck sales are down year-over-year. The Ford F-150 Lightning is outselling the Cybertruck, despite Elon Musk's claim that it's Tesla's "best vehicle ever." Tesla has earned several big wins in the auto industry, from record U.S. EV sales numbers to ...
Tesla’s revenue fell about 3% to roughly $94.83 billion in 2025, marking the company’s first annual decline in revenue.