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As of January 29, 2026, Tesla reported a 46% drop in net income for 2025 to $3.8 billion, with Q4 profit plunging 61% to $840 million. Revenue declined 3% year-on-year to $24.9 billion in Q4. Despite falling car sales and political backlash, Tesla is investing $2 billion in AI startup xAI and advancing its robotaxi and humanoid robot projects, aiming to shift focus from vehicles to AI-driven services.
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China will require all new vehicles from 2027 to have mechanical door releases, banning retractable handles due to safety concerns after EV accidents where electronic handles failed. Existing models have until 2029 to comply. The move aims to reduce occupant entrapment and improve emergency access.
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Zoox teams up with Uber to deploy self-driving cars in LA next year, while Waymo's driverless vehicle mishap highlights ongoing safety challenges. Tesla's use of driver assistance systems also draws regulatory attention amid industry-wide safety concerns.