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Tesla Reports Record Q3 Revenue Amid Concerns
Tesla (NASDAQ: TSLA) reported record third-quarter revenue of $28.1 billion, exceeding analysts’ expectations of $26.37 billion, driven by a surge in electric vehicle (EV) purchases before a key tax credit expired at the end of September 2025. However, adjusted earnings per share of $0.50 fell short of the forecasted $0.55, and the company’s gross margin, excluding regulatory credits, was 15.4%, slightly below the 15.6% estimate.
Despite a 60% rebound in share price over the past six months and a market cap of $1.5 trillion, concerns persist regarding Tesla’s autonomous driving technology. Andrej Karpathy, the former head of AI at Tesla, stated in a podcast that significant challenges remain for achieving full autonomy, contradicting ongoing claims from CEO Elon Musk about imminent advancements. Tesla’s recent robotaxi service still requires human supervision, in contrast to competitors like Waymo.
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