Tesla Inc. logo

Tesla Inc.

TSLA
Q3 2025

Revenue

$28B

+25%

Net Income

$1B

+17%
TSLA
Technology
AI/ML

Tesla Inc.

CIK: 0001318605

Tesla Inc. logo

Next Earnings Report

Estimated based on historical filing patterns

Thu, Apr 23, 2026
Estimated
10-Q
FQ1 2026

This date is an estimate based on the company's typical quarterly filing schedule. The actual filing date may vary.

Earnings Analysis

Analyzed 10 of 12 reports

Performance Summary - Q3 2025
neutral
maintained

Revenue
$28.1B
QoQ:+24.9%
YoY:+11.6%
Net Income
$1.4B
QoQ:+16.7%
YoY:-36.4%
Peer Comparison
Mag7
(6 peers)
Peers: AAPL, MSFT, GOOGL, AMZN, META, NVDA
Analyze peer companies to see comparative metrics here
Tech
(26 peers)
Peers: AAPL, MSFT, GOOGL, AMZN, META, NVDA, SNOW, PLTR, NET, CRWD, DDOG, ZS, OKTA, MDB, TEAM, U, RBLX, AMD, INTC, QCOM, AVGO, COIN, HOOD, CORZ, DOCN, IONQ
Analyze peer companies to see comparative metrics here

Financial Performance Trend

Sentiment:
neut
bull
neut
bear
bear
neut
neut
neut
neut
neut
Guidance:
maintain
maintain
maintain
lowered
lowered
maintain
maintain
maintain
maintain
maintain

Overall Analysis & Outlook

Over the past 5 quarters, Tesla Inc. has been showing mixed sentiment with stable guidance. Revenue has grown 20.4% during this period. The latest quarter shows neutral sentiment with neutral tone from management.

Latest Quarter Highlights:

Tesla delivered mixed quarterly results with stable revenues but declining net income. The company continues to invest heavily in AI infrastructure and technology while maintaining a cautious outlook amid potential regulatory changes.

Detailed Quarterly Reports

In-depth analysis of each quarter's earnings filing

Q3 2025

10-Q • Filed 10/23/2025

neutral

Summary

Tesla delivered mixed quarterly results with stable revenues but declining net income. The company continues to invest heavily in AI infrastructure and technology while maintaining a cautious outlook amid potential regulatory changes.

Revenue

$28.09B

Net Income

$1.39B

Guidance

maintained

Tone

neutral

Capex

$6.13B

Key Quotes

"Changes in government and economic incentives or tariffs may impact the transaction price or our ability to execute existing contracts"

"We continue to monitor the realizability of our deferred tax assets taking into account all relevant factors"

Q2 2025

10-Q • Filed 7/24/2025

neutral

Summary

Tesla experienced a decline in revenue and net income compared to the same period last year, with challenges in automotive sales and ongoing market uncertainties. The company remains focused on cost reduction, AI investments, and expanding its service-driven business model through Robotaxi.

Revenue

$22.50B

Net Income

$1.19B

Guidance

maintained

Tone

cautious

Capex

$3.89B(-23% YoY)

Key Quotes

"We are focused on profitable growth, including by leveraging existing factories and production lines to introduce new and more affordable products and services"

"In June 2025, we launched our Robotaxi service in Austin, capitalizing on our AI investments and scalable mobility infrastructure"

Q1 2025

10-Q • Filed 4/23/2025

neutral

Summary

Tesla experienced a revenue decline and reduced net income in Q1 2025, facing macroeconomic challenges and supply chain constraints. The company remains focused on cost reduction, production efficiency, and AI-driven growth strategies.

Revenue

$19.34B

Net Income

$420M

Guidance

maintained

Tone

cautious

Capex

$1.49B(-46.3% YoY)

Key Quotes

"We are focused on profitable growth, including by leveraging existing factories and production lines to introduce new and more affordable products"

"Changes in government and economic incentives or tariffs may also impact our sales, cost structure and the competitive landscape"

Q4 2024

10-K • Filed 1/30/2025

neutral

Summary

Tesla experienced softer automotive sales and lower average vehicle prices, offset by growth in energy storage and regulatory credits. The company continues investing in AI, autonomy, and global manufacturing expansion.

Revenue

$25.71B

Net Income

$2.29B

Guidance

maintained

Tone

cautious

Capex

$11.34B(+27.4% YoY)

Partnerships

Commercial banking partners for vehicle leasing
Automotive manufacturers adopting North American Charging Standard

Key Quotes

"We are focused on profitable growth, including by leveraging existing factories"

"Our cost reduction efforts, cost innovation strategies are key to our vehicles' affordability"

"We continue to ramp production and build and optimize our manufacturing capacity"

Q3 2024

10-Q • Filed 10/24/2024

neutral

Summary

Tesla delivered strong quarterly performance with revenue growth and continued focus on cost reduction and production efficiency. The company faces ongoing challenges including regulatory investigations and supply chain constraints, but remains committed to technological innovation.

Revenue

$25.18B

Net Income

$2.18B

Guidance

maintained

Tone

cautious

Capex

$8.56B(+29.8% YoY)

Key Quotes

"We are focused on profitable growth, including by leveraging existing factories and production lines to introduce new and more affordable products"

"We continue to ramp production and build and optimize our manufacturing capacity"

Q2 2024

10-Q • Filed 7/24/2024

bearish

Summary

Tesla experienced a decline in quarterly net income and revenue, reflecting challenges in vehicle demand and production ramp-ups. The company initiated significant restructuring to reduce costs, signaling a more conservative approach in the current macroeconomic environment.

Revenue

$25.50B

Net Income

$1.49B

Guidance

lowered

Tone

cautious

Capex

$5.04B(+22.1% YoY)

Key Quotes

"We are focused on profitable growth, including by leveraging existing factories and production lines to introduce new and more affordable products"

"We continue to ramp production and build and optimize our manufacturing capacity, expand our operations while focusing on further cost reductions and operational efficiencies"

Q1 2024

10-Q • Filed 4/24/2024

bearish

Summary

Tesla experienced a challenging Q1 2024 with decreased revenues and net income due to price reductions, lower delivery volumes, and production disruptions. The company remains focused on cost reduction, production efficiency, and AI-driven innovations while navigating macroeconomic headwinds.

Revenue

$21.30B

Net Income

$1.13B

Guidance

lowered

Tone

cautious

Capex

$2.77B(+33.8% YoY)

Partnerships

North American Charging Standard (NACS) adoption by other manufacturers

Key Quotes

"We are focused on profitable growth, including by leveraging existing factories and production lines to introduce new and more affordable products"

"We operate in a cyclical industry that is sensitive to political and regulatory uncertainty"

"We have set ambitious technological targets with our plans for battery cells as well as for iterative manufacturing and design improvements"

Q3 2023

10-Q • Filed 10/23/2023

neutral

Summary

Tesla delivered 1,324,074 vehicles in Q3 2023, with total revenues of $23.35 billion, representing an increase of $1.90 billion from Q3 2022. Net income was $1.878 billion, down from the previous year. The company continues to focus on production ramp-up, cost reduction, and operational efficiencies.

Revenue

$23.35B

Net Income

$1.88B

Guidance

maintained

Tone

neutral

Capex

$6.59B(+24.4% YoY)

Key Quotes

"We are currently focused on increasing vehicle production, capacity and delivery capabilities, reducing costs, improving and developing our vehicles and battery technologies"

"Sustained growth has allowed our business to generally fund itself"

Q2 2023

10-Q • Filed 7/24/2023

bullish

Summary

Tesla delivered strong Q2 2023 performance with revenue of $24.93 billion and net income of $2.61 billion. The company continues to focus on production efficiency, cost reduction, and expanding global manufacturing capabilities across automotive and energy segments.

Revenue

$24.93B

Net Income

$2.61B

Guidance

maintained

Tone

confident

Capex

$4.13B(+18.1% YoY)

Partnerships

Automotive manufacturers adopting North American Charging Standard (NACS)
Supercharger network agreements

Key Quotes

"We are focused on growing our manufacturing capacity"

"Our goals are to improve vehicle performance, decrease production costs and increase affordability"

"We continue to ramp production, build new manufacturing capacity, invest in research and development"

Q1 2023

10-Q • Filed 4/24/2023

neutral

Summary

Tesla delivered strong revenue growth of 24% year-over-year, driven by increased Model 3 and Model Y deliveries. However, net income declined due to price reductions and increased operational costs, reflecting a cautious market environment.

Revenue

$23.33B

Net Income

$2.54B

Guidance

maintained

Tone

cautious

Capex

$2.07B(+17.2% YoY)

Key Quotes

"We are focused on growing our manufacturing capacity"

"Our cost reduction efforts and cost innovation strategies are key to our vehicles' affordability"

"We remain committed to vertical integration and expanding our product roadmap"

Sector Comparison

How TSLA performs vs Technology sector and AI/ML peers

Sector Ranking (Technology)

#3of 14

Category Ranking (AI/ML)

#1of 1

Key Metrics vs Averages

Revenue (Quarterly)
At average

TSLA

$28,095M

AI/ML Avg

$28,095M

Technology Avg

$13,544.666M

Overall Sentiment
neutral

Guidance: maintained • Tone: neutral