Tesla Earnings Recap: Musk Talks XAI Investment, Optimus 3, Roadster

Tesla is also entering into a “framework agreement” with xAI, Musk’s AI company, to explore additional collaborations. On the robotics front, Tesla plans to unveil its third-generation Optimus robot later this quarter. The much-delayed Roadster is expected to be demoed in April, Musk said.

Wall Street was generally pleased with the earnings result. The EV maker delivered $24.9 billion in revenue for the quarter, missing estimates, but its adjusted earnings per share were $0.50, ahead of expectations.

The stock rose 3% in after-hours trading.

“2025 marked a critical year for Tesla as we further expanded our mission and continued our transition from a hardware-centric business to a physical AI company,” the company wrote in its report.

Scroll on for the full play-by-play from Tesla’s analyst call: