Elon Musk, Tesla Inc. CEO, during the US-Saudi Investment Forum at the Kennedy Center in Washington, D.C., Wednesday, November 19, 2025.
Bloomberg | Bloomberg | Getty Images
Tesla plans to report fourth-quarter 2025 earnings after a call on Wednesday.
Here’s what Wall Street expects for the quarter, according to analysts polled by LSEG:
- Earnings per share: 45 cents expected
- Input: $24.79 billion is expected
It was income slowly The last few quarters for Tesla have been tough as the company has faced an onslaught of competition from various parts of the world, especially BYD in China.
Analysts expect a third straight decline in revenue in the latest fourth quarter, down 3.6 percent on average from $25.7 billion a year ago. Full-year revenue is expected to be around $95 billion, down 2.8% from 2024 and marking a record first-year decline for the company.
Earlier this month, Tesla reported a 16% drop delivery of vehicles fell 8.6% in the fourth quarter and for the full year. The deliveries are the closest estimate to sales reported by Tesla, but were not specified in the company’s shareholder filings.
While Tesla’s core business is struggling, the CEO Elon Musk tried to divert the attention of investors. In particular, he noted that the company is new Robotaxis business and its Optimus humanoid robots have yet to hit the market.
After a brutal start to 2025, Tesla shares have rebounded and are up 11% for the year following a rally in the third quarter.
On the Say Technologies forum, which Tesla uses to field investor questions on its earnings call, some of the top-voted posts Tuesday were about the company’s semi-automated driving systems, which are sold in the U.S. as fully autonomous (supervised), and its plans for self-driving cars.
In 2025, Tesla launched the Robotaxi-branded ride-hailing app, and the company launched a pilot service in Austin, Texas. Last week, Tesla executives said they removed human safety monitors from several vehicles in Austin’s fleet to carry driverless passengers.
The company also operates a ride-hailing service with human drivers behind the wheel, even for testing purposes, in the San Francisco area without permission to operate driverless vehicles.
Meanwhile, Of the alphabet Waymo continues to expand commercially in the US and Baidu Apollo Go is growing in Asia.
Some investors have raised questions about Musk’s plans to invest in other companies, including xAI and artificial intelligence startup Tesla, and whether Tesla shareholders will get special approval to invest in the SpaceX IPO. Musk has said he wants to take his aerospace and defense contractor public in 2026.
Capital spending will likely be another theme on the call as investors wait to hear about the chip technology that underpins Tesla’s self-driving and robotics efforts. During Tesla’s annual shareholders’ meeting In November, Musk announced that the company would advance production new chips Samsung and Taiwan Semiconductor Manufacturing Co.
Analysts polled by FactSet expect Tesla’s net worth to grow to $11 billion this year from a forecast of $9.5 billion in 2025.
Tesla’s call with analysts is scheduled to begin at 5:30 p.m. ET.
