Tesla faces its biggest revenue dip in a decade as EV demand cools, shifting focus to robotaxi expansion amid economic and policy uncertainty.

The electric carmaker informed California that it will operate a limited public taxi service. But it’s not legally allowed to do this with self-driving cars.

Tesla points out early progress on robotaxis and bots, as revenue from electric vehicles plummets.

Even with shares down 12% this year, Tesla Inc. (NASDAQ:TSLA) still carries an out-of-this-world price-to-earnings ratio of 189x. That's not just lofty—it's meme-level. Tesla's Valuation Is Still From Another Planet For context,

Dow Jones futures rose modestly early Monday, along with S&P 500 futures and Nasdaq futures. The U.S. and European Union reached a trade deal Sunday while a China trade truce reportedly will be extended.

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Elon Musk warned that Tesla could face "a few rough quarters," as it weathers shifting tariffs and the end of EV tax credits in the US.

CEO Elon Musk's close ties with President Trump initially gave many investors hope for faster progress on initiatives like robotaxis and autonomous driving. Barron associate editor Al Root explains why that optimism was overblown and discusses the risks the Musk–Trump relationship still poses.

Tesla rises after President Donald Trump says he struck a deal to set 15% tariffs on goods from the European Union, including automobiles.

Wall Street may be skeptical about Tesla’s upcoming quarters, but CEO Elon Musk made four surprising announcements that could be game-changers — if they prove true.