Tesla tops estimates for quarter, but wraps up first annual revenue drop on record

• Tesla reported better-than-expected earnings and revenue for the fourth quarter.
• Revenue fell for the third time in three quarters, and sales for the full year declined for the first time on record.
• Net income plunged 61% from a year ago in the quarter, as operating expenses jumped 39%.

Tesla reported better-than-expected fourth-quarter results after the bell on Wednesday, but revenue for the year dropped 3%, the first time on record the company has recorded an annual decline. The stock rose 3% in extended trading.

Source: https://www.cnbc.com/2026/01/28/tesla-tsla-2025-q4-earnings.html