Q3 2025 Update (shareholder deck)

TESLA

Highlights Financial Summary Operational Summary Automotive Core Technology Energy & Services and Other Outlook Photos & Charts Key Metrics Financial Statements Additional Information

H I G H L I G H T S

S U M M A R Y

Profitability $1.6B GAAP operating income

$1.4B GAAP net income

$1.8B non-GAAP net income1

Cash Operating cash flow of $6.2B

Record Free cash flow2 of nearly $4.0B

$4.9B increase in our cash and investments3 to $41.6B

In Q3, the Tesla team achieved record vehicle deliveries globally, showing strength and growth across all regions, while also achieving record energy storage deployments across the residential, industrial and utility sectors. This strong performance resulted in both record revenue and free cash flow generation in the quarter.

Operations Launched ride-hailing service in the Bay Area using Robotaxi technology

Record energy storage deployments

Record vehicle deliveries

We continue to launch new products that excite our customers across automotive and energy. We launched the Model YL and Model Y Performance and further expanded our vehicle offering with the Model 3 and Model Y Standard, our most affordable vehicles. We also unveiled the Megapack 3 and