Tesla reported Q4 2025 results after market close on January 28, 2026. The company missed analyst expectations.
Revenue reached $25.71 billion. Adjusted earnings per share (EPS) totaled $0.73. Estimates projected $27.35 billion in revenue. Consensus EPS forecasts were $0.78 per share. The results followed a previously announced year-over-year decline in 2025 vehicle deliveries.
Management provided a positive outlook for the coming year. Tesla expects vehicle sales to return to growth in 2026. The company confirmed its more affordable model remains on track for production in the first half of the year.
CEO Elon Musk focused on future growth drivers during the conference call. These drivers include the launch of unsupervised Full Self-Driving software. Musk also plans a "Cybercab" autonomous taxi service in parts of the U.S. later in the year.
Market reaction was volatile. Tesla shares initially fell in after-hours trading following the earnings release. The stock reversed losses after the conference call. Shares traded up by approximately 4%. The reversal followed the company's forecast and emphasis on autonomous driving and robotics projects.