Tesla Reduces its EV Models, Deepens Push into AI and Robotics
Tesla has revealed that its yearly revenue has reduced for the first time as the firm switches its focus to robotics and AI. The carmaker’s revenue dropped by 3% last year while its profits plummeted by 61% in the final quarter of 2025. Tesla announced that it intends to stop producing the Model X and Model S electric vehicles. The California facility that has been making those EV models will now switch to manufacturing Optimus, the humanoid robots that the company makes. It is notable that in January, Chinese firm BYD supplanted Tesla as the biggest maker of EVs in…