Tesla reported its first-ever decline in annual revenue for 2025, with sales slumping across three of the past four quarters. Chinese rival BYD is also handily outselling Tesla these days, making major gains across Europe and becoming the world’s top EV seller. The merger may also be indicative of Musk turning his attention elsewhere. The mercurial entrepreneur’s appearance in the Epstein files once again underlines the carmaker’s continuous struggles to control the narrative and rein in the drama. More on Tesla: Elon Musk Haters Have Found a Hilariously Easy Way to Make Money on Polymarket