TSLA · Automotive
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Tesla posted Q1 revenue of $22.4 billion with adjusted EPS of $0.41 beating estimates. Gross margins jumped to 21.1%. Robotaxi launched in Dallas and Houston. We break it down in plain English.
Tesla reported Q4 2025 earnings with $24.9 billion in revenue (down 3% year-over-year), marking Tesla's first annual revenue decline ever. But earnings per share beat expectations at $0.50 vs $0.45 expected, and automotive gross margins improved from 15.4% to 17.9%.
Tesla reports its second consecutive year of declining deliveries and earnings. Deliveries fell 8.6%, margins are compressing, and Chinese competitors are winning. Meanwhile, Musk keeps promising robotaxis and robots. Do you believe the dream or the numbers?