News that South Afrikaner fascist Elon Musk is discontinuing the Tesla Model X SUV and the Model S sedan should come as no surprise as the richest moron in the world has succeeded in tanking the Tesla brand, with an assist by the biggest moron in the world, the Malignant Fascist:
Tesla’s profit fell 46% in 2025 compared to the prior year, as CEO Elon Musk assumed a role in the Trump administration and federal electric vehicle subsidies were killed off by Congress, causing sales to plummet.
The electric vehicle company reported Wednesday that it recorded just $3.8 billion in profit across 2025, its lowest tally in years. Total revenue from car sales fell 11% year-over-year, too. Tesla already revealed that it shipped 1.63 million cars globally across 2025. That marks the second year in a row that its sales have declined, after Musk spent years promising average annual growth of 50%.
Investors largely expected the decline in sales in Tesla’s fourth quarter and full-year results for 2025, and the company beat Wall Street’s estimates for earnings and revenue, sending shares up in after-market trading Wednesday. It’s been largely buoyed by strength in its other industries and investments, including energy capabilities and AI, as Tesla has continued to lure investors’ attention away from its stalled-out automotive business...
So the exploding car magnate is focusing on AI? That can't be good news, nor is it good news that he's going to be competing with fellow Malignant Fascist- friendly Mark Zuckerberg to dominate the AI market:
Meta Platforms Inc. will double capital spending to as much as $135 billion this year, an all-in bet on artificial intelligence as the US tech giants battle it out for supremacy in the next wave of technological advancements.
Tesla Inc. will spend $20 billion this year on pursuits including AI, self-driving vehicles and robotics - almost double Wall Street estimates — and plow another $2 billion into Chief Executive Officer Elon Musk’s xAI startup. Musk also said Tesla needs to build its own semiconductor factory...
Of course, they're not the only modern day tech bro robber barons in the mad dash for the power to control our lives:
Silicon Valley’s spending spree rippled around the world. Hardware providers like Samsung Electronics Co. and SK Hynix Inc. — two makers of the memory chips that go into Nvidia Corp.’s essential AI accelerators as well as data center servers — reported profits that grew several-fold. ASML Holding NV, the sole provider of the cutting-edge lithography machines needed for advanced semiconductors — also smashed estimates.
Ratcheting spending by hyperscalers reflects growing use cases for AI, said Sanjeev Rana, head of research at CLSA Securities Korea, adding that “the companies are spending real money on real stuff.”
“We are in unchartered territory in terms of valuations, share prices, the demand cycle,” he said. “Everything is unprecedented.”...
Everything is unprecedented, Sanjeev! Especially the greed and short- sightedness! As OpenAI CEO Sam Altman himself predicted in 2015:
"I think that AI will probably, most likely, sort of lead to the end of the world. But in the meantime, there will be great companies created with serious machine learning.”
But, wow, great companies created with serious machine learning is worth it!! Because we'll learn in the end what civilizational suicide means! And the likes of Musk, Zuck, and all the tech bros will be leading the way into this largely unregulated "uncharted territory." Good times.
(Photo: "Who gives a shit, right? I'm obscenely rich!" says South Afrikaner / Taylor Hill, Getty Images)
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