Tesla(US:TSLA) Mei Ri Jing Ji Xin Wen·2025-10-23 11:19Core Insights - Tesla reported Q3 2025 revenue of $28.1 billion, a 12% year-over-year increase, but net profit fell 29% to $1.77 billion (non-GAAP) [1][2] - The stock price dropped nearly 5% post-earnings announcement, closing at $438.97 per share, down 0.82% [1] - CEO Elon Musk announced plans for the Optimus V3 humanoid robot launch in Q1 2026 and the rollout of Robotaxi services in 8-10 regions by year-end [1][8] Financial Performance - Q3 2025 revenue breakdown: automotive revenue at $21.2 billion (up 6%), energy generation and storage revenue at $3.42 billion (up 44%), and services and other revenue at $3.475 billion (up 25%) [2][3] - Total gross profit for Q3 was $4.997 billion, with a gross margin of 19.8% [3] - Adjusted EBITDA margin was 18.5%, with net cash from operating activities at $6.255 billion [3] Production and Delivery - Global production in Q3 was 447,400 vehicles, a 4.8% year-over-year decline, while deliveries reached 497,000 vehicles, a 7.4% increase [4][5] - Model 3 and Model Y deliveries totaled 481,100 units, up 9% year-over-year, while other models saw a 30% decline in deliveries [4][5] Market Dynamics - In China, Tesla's sales for H1 2025 were 263,400 units, down 5.4% year-over-year, but Q3 sales rebounded to 169,200 units, a 31% increase from Q2 [6] - Tesla has introduced several new models and variants in 2025 to enhance market competitiveness, including updated versions of Model Y and Model 3 [6][7] Strategic Focus - The company is shifting its focus towards AI and robotics, with significant investments in the Optimus humanoid robot and plans for a full self-driving (FSD) rollout [8][12] - Tesla aims to have FSD approved in various international markets, including China and Europe, while continuing to enhance its autonomous driving capabilities [13]