Tesla's Profits Plummet Amidst Broader Tech and Infrastructure News
Tesla experienced a significant downturn in 2025, with profits falling 46 percent and revenues declining year-over-year for the first time in the company's history, according to financial results published this afternoon. This news arrives amidst a backdrop of both challenges and innovations in other sectors, including cloud computing, energy infrastructure, and even entertainment.
The electric automaker's automotive revenues fell by 11 percent to $17.7 billion, a consequence of a 16 percent decline in sales and production numbers in the fourth quarter of 2025 compared to the previous year, Ars Technica reported. However, double-digit growth in Tesla's energy storage business, which reached $3.8 billion (a 25 percent increase), and services, which hit $3.4 billion (an 18 percent increase), partially offset the shortfall.
Meanwhile, enterprises are grappling with cloud spending, which is projected to rise 21.3 percent in 2026, according to Gartner. VentureBeat reported that up to 32 percent of enterprise cloud spend is wasted on duplicated, non-functional, or outdated code. Adaptive6, a company that recently emerged from stealth, is aiming to address this issue by optimizing cloud resources, including for companies like Ticketmaster.
In other news, the eastern half of the US recently weathered a major snowstorm, testing the resilience of the power grid. MIT Technology Review noted that while the grid largely kept up with freezing temperatures and increased demand, there were signs of strain, particularly for fossil-fuel plants. One analysis indicated significant unplanned outages in natural gas and coal plants within PJM, the nation's largest grid operator, highlighting the vulnerability of these facilities in extreme winter weather. The article further noted that much of the country continues to face record-low temperatures, raising concerns about future storms.
On a lighter note, BBC One released the first trailer for its miniseries adaptation of William Golding's classic novel "Lord of the Flies," Ars Technica reported. The miniseries, which has the support of the Golding family, is expected to closely follow the novel's plot.
Finally, DoorDash is offering promotional codes for February 2026, including a 50 percent discount for new and existing users, Wired reported.
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