Tesla’s earnings call provided a deep dive into the company’s Q4 and full-year 2025 results, revealing impressive production and delivery numbers. In the fourth quarter alone, Tesla produced over 434,000 vehicles and delivered more than 418,000 vehicles, along with deploying 14.2 GWh of energy storage products. For the entire year, Tesla achieved a production of 1.65 million vehicles, delivering 1.63 million, and deploying a total of 46.7 GWh of energy storage products.
The financial results for Q4 and FY 2025 were equally strong, with Tesla reporting GAAP earnings per share of $0.24 and non-GAAP EPS of $0.50 in the fourth quarter. Total revenue for the quarter reached $24.901 billion, while GAAP net income stood at $840 million. For the full year, Tesla reported GAAP EPS of $1.08 and non-GAAP EPS of $1.66 per share, with total revenue hitting $94.83 billion, including significant contributions from both automotive operations and the energy generation and storage business. GAAP net income for the year totaled $3.79 billion.
During the earnings call, CEO Elon Musk outlined Tesla’s mission of “Amazing Abundance,” emphasizing the company’s focus on innovation and sustainability. Musk highlighted the advancements in Tesla’s autonomy and robotics programs, noting that major investments would be made strategically to drive future growth. Additionally, Musk announced the end of the Model S and Model X programs, paving the way for an autonomous future with the introduction of the Optimus line at the Fremont factory.
Tesla’s Energy business also received praise from Musk, who expressed confidence in its continued growth and the untapped potential of solar energy. The unveiling of Tesla Optimus 3 was teased for the near future, with expectations of significant production volumes that could impact the US GDP in the long run. Musk closed his remarks with gratitude towards the Tesla team and an optimistic outlook on the future.
CFO Vaibhav Taneja provided further insights into Tesla’s Q4 milestones, highlighting the record gross profit achieved by Tesla Energy and strong demand for products like the Megapack and Powerwall. Investor questions during the call touched upon topics such as the Robotaxi Network, future vehicle models, and Tesla’s plans for autonomous cars. Elon Musk also hinted at the potential launch of a next-generation Roadster as a true driver’s car in a predominantly autonomous vehicle lineup.
Overall, Tesla’s earnings call showcased the company’s continued growth, innovation, and commitment to shaping a sustainable future. With a strong performance in both production and financial metrics, Tesla remains a key player in the electric vehicle and energy storage markets, poised for further success in the years to come. Lars observed that the Cybertruck continues to dominate the electric pickup truck segment, showcasing Tesla’s prowess in the industry. Despite this success, Tesla remains adaptable and open to new innovations. Elon Musk, the CEO of Tesla, announced plans to transition the Cybertruck line into a fully autonomous vehicle line. He emphasized the utility of the Cybertruck, stating that an autonomous version would be even more beneficial.
During a recent event, Elon Musk addressed questions about Tesla’s Full Self-Driving (FSD) capabilities. He mentioned that 100% Unsupervised FSD is already in use in the Austin Robotaxi program, highlighting Tesla’s cautious approach to its deployment.
In response to inquiries about Tesla’s chip program, Elon Musk expressed confidence in the company’s chip strategy. However, he emphasized the need to prioritize internal projects such as Optimus robots and data centers before considering selling chips externally.
As the analyst questions commenced, the Tesla CFO shed light on the company’s increasing Capital Expenditure (Capex). He explained that the launch of programs in six factories, the development of the Optimus program, and the expansion of current capacity are major factors driving up Capex. Funding for these initiatives will be supported by Tesla’s substantial financial reserves and initiatives like the Robotaxi Network.
Overall, Tesla’s commitment to innovation and sustainability in the electric vehicle sector remains unwavering. The transition to autonomous vehicles and the continued success of the Cybertruck signal a promising future for Tesla and its groundbreaking technology.