Tesla (TSLA) Q3 2025 Earnings Report

Tesla Bell is set to report earnings later on Wednesday.

Here’s what analysts are expecting, according to average estimates compiled by LSEG:

• Earnings per share: 54 cents expected
• revenue: $26.37 billion expected

After two consecutive year-over-year revenue declines, Tesla is expected to return to growth for at least one quarter, with analysts expecting a 4.7% increase from $25.18 billion a year ago. However, preliminary estimates for the fourth quarter show revenue down 1.2%, according to LSEG.

On Tesla The last earnings call In July, the CEO Elon Musk And finance chief Vaibhav Taneja warned shareholders of higher tariff costs and the expiration of federal electric vehicle tax credits.

End of tax credits, bound By President Donald Trump The spending bill dragged sales at Tesla and other electric automakers as consumers rushed to take advantage of incentives before they were gone.

Tesla earlier this month Reported Deliveries of 497,099 vehicles in the third quarter were a record on total production of 447,450 vehicles. However, in the first three quarters, deliveries came to about 1.2 million, which is about 6% less than the same period in 2024.

Deliveries are the closest estimates of vehicle sales reported by Tesla but are not precisely defined in the company’s shareholder communications.

In the second quarter, Tesla reported $16.7 billion in automotive revenue, including sales of $439 million in auto regulatory credits.

Analysts at Cantor Fitzgerald wrote in a note on Tuesday that they would focus on Musk’s comments and Tesla’s updates on “several upcoming key material potential near-term catalysts.” They include progress with Tesla’s Robotaxis-branded service in Texas and California, production and sales of the company’s new low-cost Model 3 and Y vehicles, and adoption of its premium driver assistance systems in China and Europe.

Analysts, who have a buy rating on the equivalent stock, said they are also looking for next year’s launch of the company’s CyberCab, a two-seater robotaxis without a steering wheel or pedals, as well as updates to Tesla’s humanoid Optimus robots, which have not yet been commercially deployed.

In the third quarter of Tesla a Continued decline in sales in EuropeDriven in part by consumer backlash against Musk, his inflammatory political rhetoric and activism, as well as competition from EV makers like Volkswagen and BYD.

The stock, which fell to start the year, has rebounded and is now up nearly 7% in 2025. It still outperforms the major indices and most of its megacap peers.

S&P Global released a report last week explaining that despite the easing of the tariff burden, demand in the auto industry remains subdued. Rising disposable income, consumer pessimism and liquid trading strategies.

Still, the researchers revised up their US light vehicle sales forecast by about 2% to 16.1 million for 2025 and 1.3% to 15.3 million in 2026.

Tesla’s brand ranking dropped to 25th place Interbrand 2025 Best Global Brand List from 12th in 2024, starting this month. Automotive competitors including Toyota, Mercedes and BMW bested Tesla, with Toyota at 6th highest.

“Tesla was once a major disruptive force in the automotive industry,” the report said. “However, increased competition in the EV market and Elon Musk’s shift to political activities have resulted in lower profits in 2024 and financial forecasts for 2025.”

“A lack of product innovation and low-cost competitors have raised concerns about Tesla’s ability to maintain high margins,” the report said.

Tesla executives will host a call with analysts at 5:30 pm ET.

on online forum Tesla used to submit questions to investors before the earnings call, with shareholders mostly wanting to know about the company’s robotaxi pilots and plans. He also asked how demand for Tesla’s energy products, including large, backup batteries and solar photovoltaics that can power datacenters and other facilities, is growing.

See: Why Morningstar’s Seth Goldstein Has a Sell Rating on Tesla