Tesla's Earnings Call Today: Time of Event and How to Listen Live

Tesla is holding its 2025 Q4 earnings call today at 2:30 pm PT. The call will be followed by a Q&A session with Tesla executives, including Elon Musk.

The discussion is expected to focus on FSD, the Robotaxi network, and Cybercab. The company may also address the removal of Autopilot from new vehicles, the rationale for moving FSD to a subscription-only service (should you buy FSD now?), and other related topics.

Attendees should look for clarity on whether the Cybercab remains on track for production in April, and for any update on the release of Tesla’s next major FSD version, FSD v14.3.

Listen Live

The event will be live-streamed and is expected to be available on Tesla's site and on YouTube as an audio-only feed. The stream link typically appears a couple of hours before the event.

Start Time

Tesla's live stream starts at 2:30 pm PT, which corresponds to the following times around the world:

2:30 pm Pacific Time

5:30 pm Eastern Time

10:30 pm UTC

10:30 pm - London, England

11:30 pm - Berlin, Germany

9:30 am (next day) - Sydney, Australia

Top Q&A Questions

The questions asked during the Q&A come from investors via Say's platform. The following are the top 10 questions that may be raised.

1. Today there are ~90M cars sold globally each year, does Tesla have a view based on its robotaxi ambition what this number will be in 5 or 10 years and how does this impact Tesla's EV strategy to have more models?

2. Are there still plans to launch new models to address different price segments and vehicle types which could materially expand the TAM for Tesla?

3. Historically Tesla has spoken about Gross margin per model, are there standalone Gross Margin targets for the current models excluding the benefits of FSD sales?

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

5. 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?

6. After the unveiling of the Cybertruck, Musk stated if it didn't sell well, Tesla would build a more conventional looking pickup. How practical would it be to create this new design on the Cybertruck architecture and could it be conveniently built on the existing production lines?

7. 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?

8. When is FSD going to be 100% unsupervised?

9. What has surprised you about the robotaxi rollout so far, and what factors have constrained fleet expansion to date, which appears to be ~200 vehicles based on public tracking?

10. Are chase cars part of the initial driverless rollout? If yes, what milestones are required to remove them, and what additional value do they provide beyond a safety monitor?

Breaking Down the Numbers

The Q4 delivery figure isn't record-setting like last quarter. Tesla just barely missed expectations by 4,623 vehicles. Because this is Q4, the full-year deliveries and production numbers are also available.

Here are the complete numbers, with comparisons to the prior quarter and the year-ago quarter.

Year over Year

The Model 3 and Model Y continue to represent the vast majority of Tesla's operations, and sales of the Model Y — the world's best-selling vehicle — remain strong following the global launch of the refresh earlier this year.

The "other models" category this quarter includes sales of the Cybertruck to xAI and SpaceX, which helped offset sitting inventory. Tesla's global sitting inventory is currently about 16,000 vehicles.

A full recap of the earnings call will be published tomorrow, including all remarks from Tesla and the complete Q&A session.