BTCC / BTCC Square / Global Cryptocurrency /
Tesla Pivot to Autonomy Sends Shares Sliding Amid Mixed Q4 Results

Tesla Pivot to Autonomy Sends Shares Sliding Amid Mixed Q4 Results

Published:
2026-01-30 13:42:02
5
1
BTCCSquare news:

Tesla shares fell 3.36% to $416.98 after reporting a 3% year-over-year revenue decline and 60% EPS plunge. The automaker will discontinue Model S/X production next quarter as it shifts focus toward autonomous vehicles and robotics.

Full self-driving subscriptions now reach 1.1 million active users (up 38% YoY), while Cybercab production begins in April. Capital expenditures are projected to more than double to $20 billion by 2026.

Elon Musk emphasized Tesla's evolution beyond automotive manufacturing: "We're really moving into a future that is based on autonomy." The strategic pivot comes as automotive revenue dropped 11% amid 16% lower deliveries.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.