Tesla’s profit dropped 46% to $3.8 billion in 2025, with plans to start Semi truck production early 2026 as part of a push into commercial markets. The company expects CAPEX to exceed $20 billion, investing in factories, AI infrastructure, and existing capacity.

Tooling for the Semi is ready in Nevada, with North American factories preparing for production ramps in the first half of 2026. The truck is designed to have a range of up to 500 miles when fully charged, with a load capacity of 81,000 pounds. The Semi was originally priced at $150,000 for a 300-mile range version and $180,000 for the 500-mile version.

Tesla delivered about 200 Semi trucks to clients like PepsiCo, with fourth-quarter results showing ongoing investment in heavy-duty vehicles and battery infrastructure. Adjusted earnings per share in Q4 were $0.50, exceeding analyst expectations of $0.44 to $0.46 per share, with total revenue reaching $24.9 billion and net income reported at $840 million.

For full-year 2025, Tesla reported adjusted EPS of $1.66 per share, with total revenue hitting $94.83 billion, including $69.53 billion from automotive operations and $12.78 billion from energy generation and storage. The company sold 1.65 million electric vehicles in 2025, down 7% from 2024’s 1.77 million cars.

Read more at Yahoo Finance: Tesla highlights Semi truck progress in Q4 earnings results