Tesla, Inc. (TSLA) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.737 Good afternoon, everyone, and welcome to Tesla's fourth quarter 2025 Q&A 00:00:04.737 -- 00:00:10.005 webcast. My name is Travis Axrod, Head of Investor Relations, and I'm joined today 00:00:10.005 -- 00:00:14.771 by Elon Musk, Vibhav Dinesh, and a number of other executives. 00:00:14.771 -- 00:00:17.215 Our Q4 results were announced at about 3 p.m. 00:00:17.215 -- 00:00:22.202 Central Time in the update deck we published at the same link as this webcast. 00:00:22.202 -- 00:00:26.575 During this call, we will discuss our business outlook and make forward-looking statements. 00:00:26.575 -- 00:00:31.200 These comments are based on our predictions and expectations as of today. 00:00:31.200 -- 00:00:36.405 Actual events or results could differ materially due to a number of risks and uncertainties, 00:00:36.405 -- 00:00:40.369 including those mentioned in our most recent filings for the SEC. 00:00:40.369 -- 00:00:44.253 During the question and answer portion of today's call, please limit yourself to one 00:00:44.253 -- 00:00:49.259 question and one follow-up. Please use the raise hand button to join the question 00:00:49.259 -- 00:00:53.603 queue. Before we jump into Q&A, Elon has some opening remarks. 00:00:53.603 -- 00:00:55.165 Elon? 00:00:55.165 -- 00:01:00.577 Thanks, Travis. We've updated the Tesla mission to amazing abundance, 00:01:00.577 -- 00:01:05.584 and this is intended to send a message of optimism about the 00:01:05.584 -- 00:01:10.650 future. I think we're most likely headed to an exciting, 00:01:10.650 -- 00:01:14.295 amazing era of abundance. 00:01:14.295 -- 00:01:15.776 And 00:01:15.776 -- 00:01:17.939 I think with the 00:01:17.939 -- 00:01:22.642 advent or with the continued growth of AI and robotics, I think we act...