tesla stated it “achieved document car deliveries globally” for the third quarter of 2025 with a complete of 497,099 automobiles delivered. It additionally reported a record-breaking income of $28.1 billion, which is 12 % greater than the identical quarter in 2024. Tesla’s internet earnings, nonetheless, slid by 37 % year-over-year, attributable to a number of components, particularly decrease EV costs, a rise in spending on AI and different R&D initiatives, and naturally, tariffs. Vaibhav Taneja, the automaker’s finance chief, stated throughout the earnings name that tariffs on imported automotive components and uncooked supplies price the corporate greater than $400 million within the third quarter. Taneja added that he expects analysis and growth spending to proceed to develop.
During the decision, Tesla CEO Elon Musk stated that he expects the corporate to deploy its first robotaxis with no drivers behind the wheel by the tip of this yr, beginning with some components of Austin. If you will recall, Tesla launched its first robotaxi rides in Austin, Texas again in June. There have been a number of experiences of the robotaxis working into points since then, together with an occasion whereby one drove right into a parked automotive. Musk stated Tesla was “clearly being very cautious in regards to the deployment,” however that he expects his firm to be working totally driverless automobiles in eight to 10 new states earlier than 2025 ends.
Musk revealed, as properly, that Tesla’s homegrown AI5 synthetic intelligence chip shall be manufactured each by Samsung in Texas and by TSMC in Arizona. Tesla is seemingly aiming to fabricate greater than it wants for its electrical automobiles and upcoming Optimus robots in order that it may possibly use the surplus models in its knowledge facilities. He clarified that Tesla is not going to cease utilizing NVIDIA chips, however that it’ll proceed utilizing them together with AI5.