Tesla brings closure to flagship ‘sentimental’ fashions, Musk confirms

Earnings name updates

The next are dwell updates from Tesla’s This autumn and FY 2025 earnings name. I can be updating this text in actual time, so please maintain refreshing the web page to view the most recent updates on this story.

16:25 CT – Good day to everybody, and welcome to a different Tesla earnings name dwell weblog. There’s lots to unpack from Tesla’s This autumn and FY 2025 replace letter, so I’m fairly positive this earnings name can be fairly attention-grabbing.

16:30 CT – The This autumn and FY 2025 earnings name formally begins. IR exec Travis Axelrod opens the decision. Elon and different executives are current.

16:30 CT – Elon makes his opening assertion and explains why Tesla modified its mission to “Superb Abundance.” “With the continued progress of AI and robotics, I feel we’re headed in direction of a way forward for common excessive earnings,” Musk mentioned, including that alongside the best way, Tesla will nonetheless be enhancing its merchandise whereas preserving the setting secure and wholesome.

16:34 CT – Elon famous that the primary steps for this future are occurring this 12 months, due to Tesla’s autonomy and robotics packages, which can be launching and ramping this 12 months. He additionally highlighted that Tesla can be making main investments this 12 months, although the corporate can be very strategic in terms of its funding. “I feel it makes a ton of strategic sense,” Musk mentioned.

16:36 CT – Elon additionally proclaims the top of the Mannequin S and Mannequin X packages “with an honorable discharge.” Should you’re considering shopping for a Mannequin S or X, it’s greatest to do it now, Musk mentioned. The Mannequin S and Mannequin X manufacturing facility in Fremont can be changed by an Optimus line. “It’s barely unhappy, however it’s time to carry the S and X program to an finish. It’s a part of our general shift to an autonomous future,” Musk mentioned.

16:38 CT – Elon discusses how Unsupervised FSD is now beginning for the Robotaxi service. He famous that these Unsupervised Robotaxis don’t have any chase automobiles as of yesterday. He reiterated Tesla’s plans for homeowners to have the ability to add their very own automobiles to the Robotaxi fleet. Autonomy goal for the top of the 12 months is a couple of quarter or half of the USA, Musk mentioned.

16:41 CT – Elon famous that the Tesla Vitality group is completely killing it. He additionally acknowledged that Tesla expects its Vitality enterprise to proceed rising, and that the “photo voltaic alternative is underrated.”

16:43 CT –Elon additionally added that Tesla Optimus 3 can be unveiled in about three months, most likely. The Mannequin S and Mannequin X line in Fremont can be a million-unit Optimus manufacturing line. Appears to be like like Optimus is admittedly popping out of the gate with giant, significant volumes. “The traditional S curve for manufacturing ramps is longer for Optimus,” Musk acknowledged. “Long run, I feel Optimus can have a major influence on the US GDP.”

16:44 CT – Elon closes his opening statements with a honest due to the Tesla group. He additionally famous that he feels lucky to have the ability to work alongside such a proficient workforce.

Elon ends his opening remarks with an optimistic prediction in regards to the future.“The long run is extra thrilling than you’ll be able to think about,” he concluded.

16:47 CT – Tesla CFO Vaibhav Taneja makes his opening remarks. He discusses a number of elements of Tesla’s This autumn milestones. He famous that Tesla Vitality achieved yet one more gross revenue report throughout the fourth quarter. There’s insane demand for the Megapack and Powerwall. Backlogs for these merchandise are wholesome this 2026. He additionally famous that Tesla ended 2025 with a much bigger automobile order backlog in comparison with latest years.