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Tesla profit tanked 46% in 2025

Tesla’s profit fell 46% in 2025 compared to the prior year. This decline coincided with CEO Elon Musk assuming a role in the Trump administration and Congress ending federal electric vehicle subsidies, which caused sales to plummet. The electric vehicle…

Tesla invested $2B in Elon Musk’s xAI

Three weeks ago, Elon Musk’s AI company, xAI, revealed it raised $20 billion in a Series E funding round. Now, we know Tesla is among its investors. Tesla disclosed in a letter to shareholders on Wednesday that it invested $2…