On October 23 (Beijing Time), Tesla unveiled its financial report for the third quarter of 2025. The figures showed a 12% year - on - year growth in total revenue, soaring to $28.1 billion, along with a record - breaking free cash flow of $4 billion. Previous delivery reports had already hinted at the company's stellar performance. Tesla's electric vehicle and energy storage sectors both soared to new peaks. Globally, around 447,000 pure electric vehicles rolled off the production lines, and 497,000 were delivered to customers. The installed capacity of energy storage products also reached an impressive 12.5 gigawatt - hours.

In the realm of artificial intelligence, Musk boldly declared that Tesla has secured all the essential components for real - world AI and is leading the pack. During the third quarter, Tesla made significant strides. It launched the Intelligent Assisted Driving V14 version, expanded the operational reach of Robotaxi, and teamed up with Samsung to manufacture chips aimed at boosting computing power.

Here are the key takeaways from the financial report:

AI Developments: Robotaxi is on track to ditch safety drivers. There are plans to have it operating in multiple locations by the end of the year. The V14 version has shown marked improvement in handling complex scenarios. Looking ahead, Cybercab is set to enter mass production in the second quarter of 2026. The third - generation humanoid robot will make its debut in the first quarter, with production slated to start by the end of the year, boasting an annual production capacity of up to 1 million units.

Electric Vehicles and Services: Tesla set a new global delivery record. Its factories in Shanghai and other locations performed exceptionally well. Vehicle functions received updates, and new charging stations were built, further enhancing the customer experience.

Energy Storage Business: Both the installed capacity and gross profit in this sector reached new all - time highs. Tesla introduced a new generation of products and laid out plans for the fourth - generation Megapack. Additionally, it rolled out a home energy storage leasing program, opening up new avenues for customers in the energy storage market.