A vehicle transport truck arrives with Tesla Model Y vehicles at the company’s store in Colma, California, US, on Thursday, Oct. 9, 2025.
David Paul Morris | Bloomberg | Getty Images
Tesla reported a 12% increase in third quarter revenue on Wednesday following two straight periods of declines. However, earnings missed analysts estimates.
Here’s how the company did, compared with estimates from analysts polled by LSEG:
- Earnings per share: 50 cents adjusted vs. 54 cents estimated
- Revenue: $28.10 billion vs. $26.37 billion estimated
Total revenue climbed from $25.18 billion a year earlier. Automotive revenue increased 6% to $21.2 billion from $20 billion in the year-ago period, Tesla said.
The end of the quarter coincided with the expiration of federal tax credits for electric vehicles, which were eliminated with President Donald Trump’s spending bill. That pulled sales forward into the quarter as as consumers rushed to take advantage of the incentive before it went away.
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