Elon Muk's decision to sunset the Model S and X marks a definitive turning point for Tesla away from its legacy EV business and toward the future.
Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human drivers.
On its fourth-quarter earnings call on Wednesday (Jan. 28), Tesla said its capital expenditures will exceed $20 billion in 2026, more than double prior guidance, as it accelerates investment in humanoid robotics, autonomous vehicles and artificial intelligence (AI).
Tesla, Inc. (TSLA) Q4 2025 Earnings Call Transcript
Elon Musk wants investors to think of Tesla as more than a car company—and it looks like he means business.
Tesla is currently navigating a high-stakes transition, from its cooling EV business to a tsunami of innovation arriving in 2026.
Although the revenue and EPS for Tesla (TSLA) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Tesla (TSLA) came out with quarterly earnings of $0.5 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.73 per share a year ago.
Tesla, Inc. faces declining EV deliveries and net income. Q4 2025 results were also poor. TSLA stock's valuation multiples remain nearly 10x sector medians, despite poor fundamentals and intensifying competition from BYD and traditional automakers. Shorting TSLA is highly risky; the stock's price resilience is driven by strong brand loyalty and speculative innovation potential, despite weak core performance.
Tesla, Inc. reported headline top and bottom line beats, with margins rising as deferred revenues dropped sequentially. Management didn't give too much in the way of a vehicle delivery forecast for 2026, as concerns swirl over demand issues. TSLA stock's valuation remains elevated, driven by investor focus on future robotaxi and humanoid robot opportunities.
Tesla is ending production of the Model S sedan and Model X SUV, CEO Elon Musk announced Wednesday on a conference call. The company will make the final versions of both electric vehicles next quarter, he said.
Tesla, Inc. reported Q4 results beating consensus on both revenue and earnings lines. Despite the beat, TSLA's revenues declined year-over-year, challenging its high-growth valuation. TSLA's Q4 performance is viewed as underwhelming given expectations and premium pricing.