Earnings Report
Tesla's Q3 earnings highlight energy storage gains amid automotive pressures
Tesla reported record energy storage deployments and overall revenue of $28.1 billion in its third-quarter 2025 earnings on October 22, though operating margins fell sharply. The automotive segment faced challenges from low margins and upcoming tax credit expirations, while the energy business showed strong growth. These results come just before a shareholder vote on CEO Elon Musk's proposed $1 trillion compensation package.
Tesla's full self-driving revenue falls in third quarter
Tesla reported a decline in revenue from its Full Self-Driving software in the third quarter compared to the previous year. The company's CFO noted that only about 12% of Tesla owners are paying for the service. Despite challenges, CEO Elon Musk remains optimistic about its transformative potential.