10-Q quarterly report · filed Jul 24, 2025

Tesla Inc (TSLA) Q2 2025 10-Q Quarterly Report

Short answer

Tesla Inc (TSLA) filed its Q2 2025 10-Q quarterly report on Jul 24, 2025 for the quarter ended Jun 30, 2025. Quarterly revenue was $22.5B (down 11.8% year over year) with net income of $1.2B.

Q2 2025 key financials · XBRL

Revenue
$22.5B
−11.8% YoY · +16.3% QoQ
Net income
$1.2B
−20.7% YoY · +186.6% QoQ
Operating margin
4.1%
Gross margin
17.2%
EPS (diluted)
$0.33
−21.4% YoY · +175.0% QoQ

Source: XBRL data from the Tesla Inc (TSLA) Q2 2025 10-Q on SEC EDGAR. USD.

Tesla Inc Q2 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • Newly added risk: Reduction/repeal of EV tax credits and regulatory credit programs triggered by recent government and regulatory actions
  • Most materially updated risk: Impact of changes to government incentives on product demand and pricing, driven by expiration/restriction of electric vehicle-related tax credits
  • Most impactful regulatory risk: OBBBA provisions potentially increasing battery cell expenses and raising consumer costs, negatively affecting demand
  • Operational risk: Changes to net metering policies reducing customer bill credits, contested at Federal Energy Regulatory Commission, may harm solar product competitiveness
  • Financial risk: Loss or reduction of renewable energy incentives increasing capital costs, hindering ability to attract investors and finance solar/energy storage projects

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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