Tesla Inc (TSLA) FY2025 10-K Annual Report
Tesla Inc (TSLA) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Jan 29, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.
Tesla Inc FY2025 10-K Analysis
Business Overview
- • Core business model: Design, manufacture, and direct sale of high-performance electric vehicles and AI-enhanced energy generation and storage systems
- • New offerings: 2025 launch of Robotaxi autonomous ride-hailing service and initial deliveries of new residential retrofit solar panel in January 2026
- • Strategic shift: Increasing focus on AI-driven service business models (Robotaxi, FSD subscriptions) and vertical integration including in-house lithium refinery started January 2026
- • Notable metric: Expansion of AI training compute infrastructure with Cortex 2 at Gigafactory Texas; six new production lines across vehicles, Bots, energy storage, and battery manufacturing ramping in 2026
- • Unique fact: Opened first Tesla Diner in 2025 offering Supercharging combined with Tesla-themed dining and merchandise as part of customer experience enhancement
Management Discussion & Analysis
- • Revenue $94.83B in 2025, down $2.86B YoY
- • Net income $3.79B in 2025, down $3.30B YoY; operating margin details not quantified explicitly
- • Automotive segment leading: ~1.64M vehicles delivered; Energy storage deployed 46.7 GWh, tariff impact heavier here
- • Operating cash flow $14.75B down $176M YoY; Capex $8.53B down $2.82B YoY; cash & equivalents $44.06B up $7.50B
- • 2026 capex guidance >$20B, driven by AI, manufacturing expansion, and infrastructure; risks from trade policies and inflation impacting demand and costs
Risk Factors
- • Cybersecurity risk management overseen quarterly by Audit Committee with updates on incidents and mitigation from senior security and legal leaders
- • Board engagement in cybersecurity strategy via ad hoc discussions on emerging threats and risk management updates
- • Experienced information security team averaging 16 years managing technology and cybersecurity risks
Tesla Inc FY2025 Key Financial MetricsXBRL
Revenue
$94.8B
▼ -2.9% YoY
Net Income
$3.8B
▼ -46.5% YoY
Gross Margin
18.0%
▲ +16bp YoY
Operating Margin
4.6%
▼ -265bp YoY
Net Margin
4.0%
▼ -326bp YoY
ROE
4.6%
▼ -511bp YoY
Total Assets
$137.8B
▲ +12.9% YoY
EPS (Diluted)
$1.08
▼ -47.1% YoY
Operating Cash Flow
$14.7B
▼ -1.2% YoY
Source: XBRL data from Tesla Inc FY2025 10-K filing on SEC EDGAR. All figures in USD.
Get deeper insights on Tesla Inc
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.