Topic: profit decline
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Tesla Ends Model S and X Production for Robot Focus
Tesla will stop producing its Model S and Model X in 2026 to free up factory space for manufacturing its new Optimus humanoid robot. Sales of these older luxury models have declined sharply, with a 40.2% year-over-year drop in 2025, as Tesla focuses on its more affordable Model 3 and Model Y. Thi...
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Tesla's 2025 Profits Plunge 46%
Tesla's 2025 profit fell 46% due to declining vehicle sales, influenced by CEO Musk's government role and the end of federal EV subsidies, marking a second straight year of sales decline. Despite weak automotive results, Tesla's stock rose as it beat earnings expectations, driven by strong growth...
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Porsche Cayenne Electric: Everything We Know (And One Big Secret)
Porsche's operating profit plummeted 99% in early 2025 due to a costly strategic pivot away from in-house EV batteries, compounded by US tariffs and a shrinking Chinese market. The company is launching the Cayenne Electric and Turbo Electric, its first fully electric SUVs, with the Turbo model be...
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Jaguar Land Rover's $220M Cyberattack Loss
A September 2025 cyberattack by Scattered Lapsus$ Hunters caused Jaguar Land Rover a £196 million loss, forcing production shutdowns and operational chaos. The UK Government intervened with a £1.5 billion loan guarantee to stabilize the supply chain, enabling production to largely resume by Octob...
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Tesla and BYD Lose Ground with Chinese EV Buyers
Tesla's sales in China have declined for two consecutive months, with an 8.4% drop in July and a 4% year-on-year decrease in August, indicating growing challenges in a key market. BYD, Tesla's main rival in China, also saw a sharp 30% fall in quarterly profits due to government intervention endin...
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