Tesla’s Q4 2025 Earnings Call: When to Listen & Top Investor Questions

As the new year begins, shareholders once again have an opportunity to submit and vote on questions for Tesla’s Q4 2025 earnings call. The company narrowly missed analysts’ consensus on vehicle deliveries reported on its investor relations site, while its Energy business significantly outperformed expectations.

Although Q4 2025 did not set a new vehicle delivery record, it fell short by just under 5,000 units. Key areas of interest this quarter include progress on FSD v14.3 with reasoning, additional details about the next‑generation AI5 chip, Cybercab prototypes approaching production, and the upcoming end of FSD transfer programs.

This quarter’s most discussed topics center on Robotaxi and unsupervised FSD, alongside updates on Optimus and Energy.

Top investor questions for Q4 2025

What is the current bottleneck to increased Robotaxi deployment & personal use unsupervised FSD? The safety/performance of the most recent models or people to monitor robots robotaxis in-car or remotely? Or something else?

What is the status of the HW3 upgrade? What can loyal customers expect and when?

When is FSD going to be 100% unsupervised?

You once said: Loyalty deserves loyalty. Will long term Tesla shareholders still be prioritized if SpaceX does an IPO?

Regarding the CyberCab: What’s the expected production timeline? Will they initially join Tesla’s robotaxi fleet or be available for direct sale? How quickly do you anticipate the production ramp-up?

Please confirm the most recent planned SOP dates for Houston Tesla Energy, megablock, and Tesla LFP battery cell production

Additional noteworthy questions

Regarding Optimus, could you share the current number of units deployed in Tesla factories and actively performing production tasks? What specific roles or operations are they handling, and how has their integration impacted factory efficiency or output?

When will the safety riders be removed from public, paid Robotaxi rides in Austin, Texas?

Can you consider making a standard family SUV/minivan with two rows in back that’s larger than a stretched Y? Many are waiting for one and ready to buy.

Functionally, how will the proposed ‘FSD 14 Lite’ for HW3 Teslas compare to FSD 14 on HW4 vehicles.

With Robotaxi live, can you share early unit economics? Approximate revenue and cost per mile (or per ride), whether rides are already contribution-margin positive, and the main drivers/timeline to reach high-margin scaled cash flows as the fleet grows and supervision drops?

How to submit and vote

Questions and voting are handled on Say, a third‑party platform that verifies share ownership. After verification, your voting weight equals the number of shares you hold, and submitting a question initially assigns it votes equal to your share count. You can participate at https://app.saytechnologies.com/tesla-2025-q4.

The deadline to submit and vote is 4 PM EST on January 27.

Earnings call timing

The Q4 2025 earnings call is scheduled for January 28, 2026, at 5:30 PM Eastern. Live‑stream links will be provided closer to the event.