Thoughts on earnings call.

[hemiarch]

Anyone want to share your reaction?

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[CyberGus]

math is hard

 

[That Beast Mode]

Anyone want to share your reaction?

Seemed like a mixed report. I still think the stock is gonna take a hit tomorrow because the forecast will probably be grim for the next quarter or two now that the tax credit ended. I dont think a stripped down 3 and Y are the answer and enough offset.

 

[YDR37]

Good news is that Tesla moved a record amount of vehicles during 3Q 2025, and made record revenue.

Bad news is that Tesla did not make a record amount of profit. This is not surprising though, everyone here should be able to recognize that the EV market is becoming increasingly competitive, and that Tesla's margins have fallen. And that goes double for China.

 

[hemiarch]

I bought today.

 

[ModelAZ]

Here's a summary of today's Q3 earnings call:

• Elon says he is confident in expanding Tesla’s future production after gaining clarity on the state of FSD.
• Elon confirms Cybercab production will begin in Q2 2026 will no steering wheel, or pedals.
• Optimus V3 will be unveiled in Q1 2026, Elon says it will be incredibly human-like:“It will seem like there is a person in a robot suit”
• Tesla will unveil Optimus’ new hands with V3 in Q1.
• Elon’s meetings with the Optimus team on Friday nights usually goes to midnight. Saturday afternoon meetings are with the AI5 chip design team. “Those two things are crucial for the company.”
• Elon says Tesla is building a 1 Million Unit Production line, he hopes production will start at the end of 2026. Production ramp will take some time.
• Elon expects Robotaxi to be operating in Arizona, Nevada, and Florida by the end of 2025.
• Elon says Tesla will start removing Robotaxi Safety Drivers at the end of 2025.
• Austin, TX Robotaxi Fleet has now driven over 250,000 cumulative ride-share miles.
• Bay Area Robotaxi Fleet has driven over 1 Million cumulative ride-share miles.
• Ashok confirms Tesla has achieved over 6 Billion cumulative FSD miles.
• Elon says Tesla will add “reasoning” in FSD 14.3+ at the end of the year. He says the car will use reasoning to solve things.
• Elon says Tesla will again 10x the FSD parameter count.
• Elon says AI4 will feel like a living creature, way better AI5.
• Ashok says the architecture between Public FSD Software, and Robotaxi Software is more or less the same.
• Elon says when Robotaxi enters a new market, expect a safety driver for the first three month.
• Elon says both Samsung and TSMC are working on Tesla’s next generation AI5 chip. Elon said on some metrics, AI5 will be 40x better than AI5. The chips will be made in the US.”
• Ashok says Tesla is working on a V14 “Lite” version for HW3 customers, which is expected to be released in Q2 2025. Tesla wants to solve autonomy first, then they will take care of their HW3 customers.
• Tesla’s total FSD paid customer base is still only 12% according to the CFO.
• Elon says he is 100% confident Tesla will solve Unsupervised FSD at a safety level greater than a human.

 

[YDR37]

• Elon says Tesla will start removing Robotaxi Safety Drivers at the end of 2025.

More specifically, he said:

We are expecting to have no safety drivers in at least large parts of Austin by the end of this year.

So there should be fully autonomous Teslas operating in some parts of Austin within the next 70 days.

 

[hemiarch]

More specifically, he said:So there should be fully autonomous Teslas operating in some parts of Austin within the next 70 days.

It’s epic how far away that dream seemed just a short while ago and how close it seems now.

 

[CyberGus]

Elon says he is 100% confident Tesla will solve Unsupervised FSD at a safety level greater than a human.

That’s a pretty low bar tbh

 

[hemiarch]

That’s a pretty low bar tbh

Well said.
It’s going to save more lives than an army of trauma surgeons could.

 

[Fugue]

Well said.
It’s going to save more lives than an army of trauma surgeons could.

Hopefully it will give you fewer patients.

 

[CyberGus]

Hopefully it will give you fewer patients.

No sympathy for all the personal-injury lawyers? They won’t even be able to DoorDash

 

[Pops]

No sympathy for all the personal-injury lawyers? They won’t even be able to DoorDash

I just want to know who is going to be liable for accidents when FSD unsupervised is enabled. Is Tesla covering the insurance cost? It's technically them/their program driving right?

I'm looking forward to saving money on insurance.

 

[REM]

Good news is that Tesla moved a record amount of vehicles during 3Q 2025, and made record revenue.

Bad news is that Tesla did not make a record amount of profit. This is not surprising though, everyone here should be able to recognize that the EV market is becoming increasingly competitive, and that Tesla's margins have fallen. And that goes double for China.

Disagree. We need to stop promoting this fantasy that a healthy company is supposed to make profits every single quarter with perpetual, forever growth.

That type of model is absolutely unsustainable and unrealistic. I want to see Tesla continue to HEAVILY re-invest their revenue.

 

[Darmie]

Are the Tesla shareholder votes counted to determine if Elon's new compensation package was approved?

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