Tesla stated it “achieved report car deliveries globally” for the third quarter of 2025 with a complete of 497,099 autos 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, nevertheless, slid by 37 % year-over-year, as a consequence of 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 in the course of the earnings name that tariffs on imported automobile components and uncooked supplies value the corporate greater than $400 million within the third quarter. Taneja added that he expects analysis and growth spending to proceed to develop.
Through the name, Tesla CEO Elon Musk stated that he expects the corporate to deploy its first robotaxis with no drivers behind the wheel by the top of this 12 months, beginning with some components of Austin. When you’ll recall, Tesla launched its first robotaxi rides in Austin, Texas again in June. There have been a number of reviews of the robotaxis working into points since then, together with an occasion whereby one drove right into a parked automobile. Musk stated Tesla was “clearly being very cautious concerning the deployment,” however that he expects his firm to be working absolutely driverless autos in eight to 10 new states earlier than 2025 ends.
Musk revealed, as nicely, that Tesla’s homegrown AI5 synthetic intelligence chip might be manufactured each by Samsung in Texas and by TSMC in Arizona. Tesla is outwardly aiming to fabricate greater than it wants for its electrical autos and upcoming Optimus robots in order that it may well use the surplus items in its information facilities. He clarified that Tesla is not going to cease utilizing NVIDIA chips, however that it’s going to proceed utilizing them together with AI5.