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Elon Musk's Rollercoaster Year: Cybertruck Launch Amid Sales Plunge

12/28/2025

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Story summary
  • Elon Musk, CEO of Tesla and SpaceX, faced a challenging year in 2025 as Tesla's sales fell 40% due to competition from Chinese manufacturers and reputational issues, following his contentious relationship with U.S. President Donald Trump.
  • Tesla launched the long-range Cybertruck.
  • Tesla achieved record sales in Norway.
  • Musk's net worth rose by $17.5 billion, briefly reaching $500 billion.
  • He secured a pay package potentially worth $878 billion over a decade.