Tesla earnings disappoint, federal worker pay is on ice, Southwest says changes are working, and more news to start your day.
Tesla quarterly earnings disappoint due to elevated costs, sending shares down in extended trade. CEO Elon Musk has defended his $1tn pay packet.
It is not often that a company can boast record deliveries, a $4bn gush of free cash flow and an overflowing $41.6bn cash pile, and still see its shares slip. But Tesla Inc (NASDAQ:TSLA) managed it.
Tesla's shares fell nearly 4% in early Frankfurt trading on Thursday, after the company's quarterly profit missed Wall Street expectations due to tariff and research costs, as well as a drop in income from regulatory credits.
The Tesla supplier said the recovery in demand for semiconductors used in cars and industrial machinery was taking longer than many had anticipated.
At the end of Tesla's earnings call, Elon Musk talked about his $1 trillion pay package. He defended his compensation proposal and slammed proxy firms as "corporate terrorists" for opposing it.
Tesla's Q3 profits missed expectations, but revenue hit a record high with strong deliveries. Tesla's focus on full self-driving and robotaxis aims to transform transportation.
Tesla's stock slump after hours on Wednesday followed a disappointing earnings report and a dearth of commentary regarding demand for the company's electric vehicles. CEO Elon Musk spent the earnings call touting the company's Robotaxi and Optimus efforts without addressing the auto business fundamentals.
Tesla, Inc. (NASDAQ:TSLA ) Q3 2025 Earnings Call October 22, 2025 5:30 PM EDT Company Participants Travis Axelrod - Head of Investor Relations Elon Musk - Co-Founder, Technoking of Tesla, CEO & Director Vaibhav Taneja - Chief Financial Officer Ashok Elluswamy - Executive Officer Micheal Snyder - Vice President of Energy & Charging Conference Call Participants Emmanuel Rosner - Wolfe Research, LLC Dan Levy - Barclays Bank PLC, Research Division Walter Piecyk - LightShed Partners, LLC Colin Rusch - Oppenheimer & Co. Inc., Research Division Presentation Travis Axelrod Head of Investor Relations Good afternoon, everyone, and welcome to Tesla's Third Quarter 2025 Q&A Webcast. My name is Travis Axelrod, Head of Investor Relations, and I'm joined today by Elon Musk, Vaibhav Taneja and a number of other executives.
Tesla's third-quarter earnings miss expectations because of increased costs. Oil prices spike on the White House's sanctions on Russia.
Tesla reported mixed third quarter results on Wednesday after the bell as the company forges ahead in a post-EV tax credit environment, with investors eyeing Robotaxi progress. Here are the top 3 takeaways from the company's earnings report.
Elon Musk wants investors to know Tesla is an AI company.