Tesla Fourth Quarter 2025 Production, Deliveries & Deployments

Key Terms

operating lease accounting financial

Operating lease accounting is the bookkeeping method that records a company’s rented assets and the remaining rent payments on its financial statements instead of treating them as purchases. Think of it like listing a long-term rental on your household budget as both an item you use and the unpaid rent you owe; it changes reported assets, liabilities and profit margins. Investors care because it affects key measures like leverage, return on assets and operating profit, so it alters comparisons between companies and the view of financial health.

GWh technical

GWh (gigawatt-hour) is a unit that measures electrical energy equal to one billion watt-hours, commonly used to describe how much electricity a power plant produces, a battery stores, or a project consumes over time. For investors it signals scale and potential cash flow — like seeing the size of a fuel tank for energy projects — letting you compare capacity, expected output, and the revenue or cost implications between assets or companies.

10-K regulatory

A 10-K is a comprehensive annual report a public company files with the U.S. Securities and Exchange Commission that summarizes its business, financial results, risks, legal issues, and management discussion. Investors use it like a company’s detailed yearly report card and instruction manual — it helps reveal how the company makes money, where it might face trouble, and the underlying numbers that support valuation and investment decisions.

AUSTIN, Texas--(BUSINESS WIRE)-- In the fourth quarter, we produced over 434,000 vehicles, delivered over 418,000 vehicles and deployed 14.2 GWh of energy storage products – a record for deployments.

Thank you to all of our customers, employees, suppliers, shareholders and supporters who helped us achieve these results.

Q4 2025

	Production	Deliveries	Subject to operating lease accounting
Model 3/Y	422,652	406,585	3%
Other Models	11,706	11,642	5%
Total	434,358	418,227	3%

2025

	Production	Deliveries
Model 3/Y	1,600,767	1,585,279
Other Models	53,900	50,850
Total	1,654,667	1,636,129

Energy storage deployments for 2025 were 46.7 GWh.

Tesla will post its financial results for the fourth quarter of 2025 after market close on Wednesday, January 28, 2026. At that time, Tesla will issue a brief advisory containing a link to the Q4 2025 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook.

What: Tesla Q4 2025 Financial Results and Q&A Webcast
When: Wednesday, January 28, 2026
Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time
Q4 2025 Update: https://ir.tesla.com
Webcast: https://ir.tesla.com (live and replay)

Approximately two hours after the Q&A session, an archived version of the webcast will be available on the Company’s website.

For additional information, please visit https://ir.tesla.com.

Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q4 earnings. Tesla vehicle deliveries and storage deployments represent only two measures of the Company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including average selling price, cost of sales, foreign exchange movements and others as to be disclosed in the 10-K for the year ended on December 31, 2025.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260102525591/en/

Investor Relations Contact:

ir@tesla.com

Source: Tesla