Nikkei Asia
AsiaPac · 1 hrs ago
Tesla's profit per vehicle drops 40%, within Toyota's striking range
AutomobilesAutomakers worldwide face declining profitability on Trump tariffs, EV headwindsTesla's profit per vehicle figures have outstripped Toyota's for years, sometimes by a wide margin. (Nikkei composite)KAZUKI KAWAHARAJuly 10, 2026 06:20 JSTTOKYO -- Profits per vehicle for seven major global automakers fell in fiscal 2025 due to U.S. tariffs and a slowdown in demand for electric vehicles, with the traditionally highly profitable Tesla seeing a steep 40% drop.
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