A maker of electric vehicles and clean-energy products. Its automotive line includes the Model 3, Y, S, and X, the Cybertruck, and the Tesla Semi, sold directly to buyers through its website and company-owned stores. Its energy arm sells the Powerwall home battery, the Megapack for utilities, and solar systems including the Solar Roof. Founded in 2003 and named after inventor Nikola Tesla, the company launched its Robotaxi ride-hailing service in June 2025 using Model Y vehicles.
Tesla Q2 2026 revenue $28.2B, record deliveries, Cybercab production started
Q2 2026 total revenue was $28.2 billion, up 26% year-over-year, with GAAP net income of $1.1 billion and non-GAAP net income of $1.2 billion.
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Record Q2 vehicle deliveries of 480,126 units, up 25% year-over-year, with record deliveries in several markets including South Korea, Australia, and Japan.
Energy storage deployments reached 13.5 GWh in Q2, the second-best quarter ever, with record deployments on a trailing twelve-month basis.
Cybercab production began at Gigafactory Texas, and Tesla Semi remains on track for production this year in Nevada.
Free cash flow was negative $1.1 billion in Q2, with cash and investments decreasing by $1.2 billion to $43.5 billion.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Tesla shareholders approve 2025 CEO Performance Award and A&R 2019 Equity Incentive Plan at annual meeting
Shareholders also approved the amended and restated 2019 Equity Incentive Plan, adding up to 60,000,000 shares to the General Share Reserve and 207,960,630 shares to the Special Share Reserve.
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On November 6, 2025, Tesla shareholders approved the 2025 CEO Performance Award granted to Elon Musk on September 3, 2025.
Ira Ehrenpreis, Joe Gebbia, and Kathleen Wilson-Thompson were elected as Class III directors for three-year terms.
Shareholders approved, on a non-binding advisory basis, executive compensation and ratified PricewaterhouseCoopers LLP as independent auditor for fiscal year 2025.
A shareholder proposal to elect directors annually was approved, while proposals to eliminate supermajority voting requirements and to authorize an investment in x.AI Corp. were not approved.
The 2025 CEO Performance Award is a performance-based restricted stock award, with material terms described in the proxy statement filed September 17, 2025.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits
Earnings8-K
Tesla Q3 2025 revenue up 12% YoY to $28.1B, record deliveries and free cash flow
GAAP net income was $1.4B (diluted EPS $0.39), while non-GAAP net income was $1.8B (diluted EPS $0.50).
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Total revenue reached $28.1B in Q3 2025, up 12% year-over-year, with record vehicle deliveries and record energy storage deployments.
Operating income was $1.6B, down 40% YoY, with operating margin of 5.8%.
Free cash flow was a record nearly $4.0B, and cash and investments rose to $41.6B.
Outlook: Cybercab, Tesla Semi, and Megapack 3 on schedule for volume production starting in 2026.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits