Tesla's annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world's biggest electric vehicle maker to a Chinese rival and boycotts hammered sales.

Tesla CEO, Elon Musk, has announced the discontinuation of the Model S sedan and Model X SUV production during a recent earnings call.

By Akash Sriram and Abhirup Roy Jan 28 (Reuters) - Tesla said on Wednesday it will invest $2 billion in CEO Elon Musk's artificial-intelligence company xAI - and that production plans for its Cybercab robotaxi were on track for this year.

Tesla is looking back on a weak year. Deliveries fell by nine per cent to around 1.6 million vehicles. For the first time in its history, the electric car

The company is also currently facing a 30-day suspension of its manufacturing and dealer licenses in California for deceptive marketing about Autopilot's capabilities.

In what is one of the most important developments in the Chinese auto industry, Xiaomi’s SU7 has outsold Tesla’s Model 3 in 2025. The information comes from the China Passenger Car Association (via scmp.

Following the announcement that Tesla’s Full Self-Driving (FSD) system would be offered exclusively via a monthly subscription, the EV maker discontinued Autopilot in the U.S., leaving Traffic-Aware Cruise Control (TACC) as the sole standard advanced driver assistance feature.

Online insurance firm Lemonade said it would offer a policy designed specifically for self-driving cars, starting with Tesla.