As of Q4'25, TSLA reported net income of USD 840M, marking a significant decrease compared to previous quarters. The year-over-year net income growth rate for this period was -63.7%, indicating a substantial decline relative to Q4'24. From Q1'23 to Q4'25, TSLA’s net income exhibited considerable volatility, with notable peaks in Q4'23 (USD 7.93B) and troughs in Q1'25 (USD 409M). After a sharp spike in Q4'23, net income trended downward, with intermittent recoveries in Q2'24 and Q3'24, but failed to regain prior highs. Year-over-year growth rates were mostly negative throughout 2024 and 2025, highlighting persistent earnings pressure and a challenging profitability environment during this period.