Quarterly Summary Q2 2025 – Tesla
N ews (3)
N ews (3)
Total revenue: $22.50 billion, down 1% YoY (below expectations of $22.74 billion), but up 19% sequentially from automotive. Net income: Not specified, but adjusted EPS of $0.40 vs. expectations of $0.43; high gross margin. Gross Margin: Improved, thanks to reduced costs and energy storage. Automotive: Revenue +19% seq, with deliveries +14% to ~450K vehicles. Energy Generation: Strong growth, with record Megapack deployments. CapEx 2025: Projected $10B, for Cybertruck ramp and AI autonomy. AI and Innovations: FSD v12.5 rollout; Robotaxi event expected in October. Outlook: Guidance Q3 deliveries stable; focus on autonomy and robotics. CEO Musk comment: ‘Q2 challenging but with progress on margins and volume growth.’ (Summary based on official report dated 23 July 2025; images/graphs in PDF at ir.tesla.com.)
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