The market has increasingly been pricing millions of Americans out of the new-vehicle market, including by cutting entry-level vehicle lines such as small cars.
In Tesla's annual financial filing, the company said that last year it sold $430 million worth of its energy storage products to xAI, Elon Musk's AI startup.
Toyota Motor retained its position as the world's top-selling automaker with record sales of 10.5 million in 2025, the Japanese auto giant reported on Thursday.