Tesla (TSLA) Q4 FY25 earnings call

Earnings call· Dec 2025 (Q4 FY25)· Consumer Discretionary· Jan 28, 2026

Source: earnings call transcript

Tesla is embarking on a new era, shifting its mission towards "amazing abundance" driven by autonomy and robotics. The company is making massive capital investments, including over $20 billion in CapEx for FY26, to ramp up production of Cybercab and Optimus, and to secure its AI chip and battery supply chains. This strategic pivot, while impacting short-term margins and requiring significant funding, is aimed at positioning Tesla for exponential long-term growth in transportation-as-a-service and humanoid robotics.

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TSLA operating KPIs by quarter

TSLA operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Mar 2026 Q1 FY26	Jun 2026 Q2 FY26	Sep 2026 Q3 FY26	Change vs prior quarter
Energy storage deployed	8.8 GWh In Q1, we deployed 6 -- 8.8 gigawatt hour of energy storage, a 38% sequential decline. Source: earnings call transcript	13.5 GWh In Q2, we deployed 13.5 gigawatt hour of energy storage, a 53% sequential increase and the second largest quarter for energy business. Source: earnings call transcript	13.7 GWh On the energy business, we had our second best quarter of deployments of 13.7 gigawatt hour of energy storage. Source: earnings call transcript	+1.5%

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.