🔹 Revenue: $24.90B (Est. $24.7B) 🟢 ; -3% YoY
🔹 Adj. EPS: $0.50 (Est. $0.45) 🟢 ; -17% YoY
🔹 Gross Margin: 20.1% (Est. 17.1%) 🟢 ; +386 bp YoY
🔹 Free Cash Flow: $1.42B (Est. $1.59B); -30% YoY
🔹 xAI Series E preferred stock investment: approx. $2B; expected to close in Q1'2026
Segment Performance:
🔹 Total automotive: $17.693B; -11% YoY
🔹 Energy generation and storage: $3.837B; +25% YoY
🔹 Services and other: $3.371B; +18% YoY
Other Metrics:
🔹 Total deliveries: 418,227; DOWN -16% YoY
🔹 Storage deployed: 14.2 GWh; UP +29% YoY
🔹 Active FSD subscriptions: 1.1 mil; UP +38% YoY
🔹 Supercharger connectors: 77,682; UP +19% YoY
Financials:
🔹 Operating Income: $1.41B (Est. $1.32B) 🟢 ; -11% YoY
🔹 Operating Margin: 5.7%; -50 bp YoY
🔹 Operating Cash Flow: $3.81B; DOWN -21% YoY
🔹 Capital expenditures: $2.39B; DOWN -14% YoY
🔹 Cash, cash equivalents and investments: $44.06B; UP +21% YoY