Tesla (TSLA) will launch its Q3 2025 monetary outcomes on Wednesday, October 22, after the market closes. As ordinary, a convention name and Q&A with Tesla’s administration are scheduled after the outcomes.
Right here, we’ll have a look at what the road and retail traders anticipate for the quarterly outcomes.
Tesla Q3 2025 deliveries and power deployment
Though CEO Elon Musk and his loyal shareholders like to say that Tesla is now an AI/Robotics firm, the fact is that Tesla principally strikes metals.
The corporate’s automotive enterprise continues to drive the overwhelming majority of its monetary efficiency.
Tesla’s income stays tied primarily to the variety of automobiles it delivers.
Earlier this month, Tesla disclosed its Q3 2025 automobile manufacturing and deliveries:
| Manufacturing | Deliveries | Topic to working lease accounting | |
| Mannequin 3/Y | 435,826 | 481,166 | 2% |
| Different Fashions | 11,624 | 15,933 | 7% |
| Complete | 447,450 | 497,099 | 2% |
That’s a file variety of automobiles delivered.
Moreover, Tesla confirmed that it deployed 12.5 GWh of power storage capability through the quarter.
These two file numbers mixed ought to lead to Tesla reporting greater revenues.
Tesla Q3 2025 income
For income, analysts usually have a fairly good thought of what to anticipate, due to the supply numbers and now the power storage deployment information.
The Wall Road consensus for this quarter is $26.457 billion, and Estimize, the monetary estimate crowdsourcing web site, predicts a decrease income of $26.266 billion.
Listed below are the predictions for Tesla’s income over the previous two years, with Estimize predictions in blue, Wall Road consensus in grey, and precise outcomes are in inexperienced:
If Tesla meets or beats expectations, it will report greater quarter income than ever earlier than.
Tesla Q3 2025 earnings
Analysts try to estimate Tesla’s gross margin with a primary constructive reversal in deliveries this yr.
For Q3 2025, the Wall Road consensus is a achieve of $0.55 per share and Estimize’s crowdsourced prediction is a bit of greater at $0.57.
Listed below are the earnings per share over the past two years, the place Estimize predictions are in blue, Wall Road consensus is in grey, and precise outcomes are in inexperienced:
As you may see, Tesla’s estimated file income just isn’t anticipated to translate into file earnings, as the corporate has lowered costs in response to elevated competitors.
Tesla reported earnings of $072 per share throughout the identical interval final yr.
In brief, analysts expect Tesla’s earnings downtrend to proceed regardless of file revenues.
Different expectations for the TSLA shareholder’s letter, analyst name, and particular ‘firm replace’
I feel we should always anticipate a really bullish administration name in Q3. We’ve been reporting on this for just a few months on Electrek, however Tesla pushed its shareholders assembly, which is mostly held in the summertime, to the primary week of November for good cause.
Tesla knew that the tip of the tax credit score would lead to demand being pulled ahead into Q3, resulting in a powerful Q3. Though it’s going to imply just a few very tough quarters afterward, the corporate will take the time to boast about it simply earlier than shareholders vote on administration via Musk’s compensation package deal and some board seats in two weeks.
Nevertheless, I might additionally anticipate Wall Road analysts to ask just a few questions on how Tesla is anticipated to carry out within the subsequent few quarters, given the incentives and credit within the US.
Tesla will even take questions from retail shareholders primarily based on the preferred ones on Say. Listed below are the highest 5 questions and my ideas on them:
- What are the newest Robotaxi metrics (fleet dimension, cumulative miles, rides accomplished, intervention charges), and when will security drivers be eliminated? What are the obstacles nonetheless stopping unsupervised FSD from being deployed to buyer automobiles?
- Musk has been improper about self-driving timelines for a decade now, and he manages to get away with it due to a really lenient shareholder base that likes it when he pumps up the inventory with hyperbole and loopy predictions.
Nevertheless, the shorter the timeline, the tougher it’s to let this slide. Musk stated that Tesla Robotaxi would cowl half the US, and it will take away supervisors by the tip of the yr.
The one means that is attainable is that if “Robotaxi” is what Tesla launched within the Bay Space, that means Tesla workers within the driver’s seat utilizing FSD. If Tesla does take away the supervisor, I imagine it’s going to solely be in Austin and with a number of limitations and distant monitoring.
- Musk has been improper about self-driving timelines for a decade now, and he manages to get away with it due to a really lenient shareholder base that likes it when he pumps up the inventory with hyperbole and loopy predictions.
- What’s demand / backlog for Megapack, Powerwall, Photo voltaic, or power storage methods? With the present AI growth, is Tesla planning to provide energy to different hyperscalers?
- I feel individuals ought to anticipate Tesla’s development within the power sector to sluggish and stabilize at round 18 GWh subsequent yr, which remains to be spectacular, by the way in which.
- What are the plans for brand spanking new automobile fashions? Will Tesla construct compact automobile fashions leveraging the unboxed Cybercab platform? Will Tesla construct a conventional SUV and pickup truck within the Cybertruck platform?
- Usually, Tesla doesn’t reply these sort of questions throughout an earnings name, however I feel administration will attempt to pump one of the best they’ll forward of the shareholders assembly.
Moreover, after the flop that was the stripped-down Mannequin Y and Mannequin 3, I wouldn’t be shocked if Tesla revives plan for the compact automobile although Musk poo-pooed it fairly a bit over the past yr.
- Usually, Tesla doesn’t reply these sort of questions throughout an earnings name, however I feel administration will attempt to pump one of the best they’ll forward of the shareholders assembly.
- What are the current challenges in bringing Optimus to market contemplating app management software program, engineering {hardware}, coaching normal mobility fashions, coaching job particular fashions, coaching voice fashions, implementing manufacturing, and establishing provide chains?
- As we now have been reporting for the previous few months, the Optimus program is in shambles. I anticipate Musk to verify delays within the manufacturing ramp. He beforehand stated that Tesla would construct about 5,000 Optimus robots in 2025. I feel he’ll delay that, however he’ll reiterate some ridiculous long-term objectives.
- What’s your projection for when FSD will enable for unsupervised driving?
- He actually stated by the tip of the yr just a few months in the past. He stated that yearly for the final 6 years. I don’t know why anybody cares to have his opinion on it at this level.
As you may see, most questions from retail traders concern Tesla’s future merchandise and Elon’s predictions about their impression.
In the meantime, earnings are declining as a result of Tesla’s once-incredible core enterprise of promoting vehicles is quickly deteriorating.
Tune in with Electrek after market shut in the present day to get all the newest information from Tesla’s earnings, convention name, and now additionally an obvious “firm replace.”
