Tag: Elon Musk

BusinessManufacturingTechnology

Tesla Q3 Earnings Reveal 37% Profit Drop Despite Revenue Growth

Tesla reported a significant 37% decline in third-quarter profits despite revenue growth, according to financial reports. The electric vehicle maker faced soaring operating costs and relied on one-time sales boosts from expiring tax credits.

Financial Performance Overview

Tesla’s third-quarter financial results revealed a complex picture of the company’s current standing, with profits reportedly plunging nearly 40% despite revenue growth. According to the analysis of Q3 2025 earnings, the electric vehicle manufacturer generated $28.1 billion in revenue for the quarter ending in September, representing a 12% increase from previous periods. However, sources indicate the company’s profits fell to $1.4 billion, down 37% from the $2.2 billion reported during the same period last year.

by Darren Holt
BusinessStartupsTechnology

Apple and SpaceX Explore Satellite Connectivity Partnership for iPhone

Satellite connectivity for iPhones could become reality through a potential partnership between Apple and SpaceX’s Starlink network. Recent developments suggest renewed talks, though past conflicts and financial demands remain obstacles. Industry analysts are watching closely as both companies navigate this complex negotiation landscape.

Renewed Talks for Satellite Connectivity

Technology industry observers are monitoring what appears to be renewed discussions between Apple and SpaceX regarding satellite connectivity for iPhones, according to recent reports. Sources indicate that Elon Musk’s SpaceX is again pursuing a partnership to provide Starlink satellite services to Apple devices, despite previous unsuccessful attempts to secure such an arrangement.

by Ethan Carver
AIBusinessTechnology

Elon Musk Seeks Expanded Tesla Control to Oversee AI and Robotics Development

Elon Musk is advocating for a massive Tesla pay package that could increase his stake to nearly 29%. The billionaire argues this expanded control is essential for overseeing the company’s ambitious robotics and AI development plans. Musk expressed concerns about being sidelined while building what he described as a “robot army.”

Musk Defends Compensation Package as Necessary for AI Oversight

Elon Musk is defending his proposed $1 trillion Tesla compensation package, arguing it’s essential for maintaining influence over the company’s artificial intelligence and robotics development, according to reports from the company’s quarterly earnings call. The Tesla CEO reportedly stated he wants to ensure he maintains significant oversight as the company advances its robotics initiatives.

by Ethan Carver
BusinessInnovationTechnology

Tesla Shares Decline Following Q3 Earnings Shortfall Amid Musk’s Robotics Focus

Tesla reported Q3 revenue of $28.1 billion, falling short of Wall Street expectations. CEO Elon Musk’s focus on robotics during the earnings call raised questions about strategic priorities amid the stock decline.

Earnings Report Falls Short of Projections

Tesla’s third-quarter financial results reportedly failed to meet analyst expectations, according to the company’s earnings release on Wednesday. The electric vehicle manufacturer recorded $28.1 billion in revenue, representing a 12% year-over-year increase from $25.2 billion in the same period last year. However, sources indicate this figure fell below the $26.4 billion consensus estimate cited by financial analysts.

by Darren Holt
BusinessEnergyTechnology

Tesla Q3 Earnings Preview: Analysts Divided on EV Maker’s Outlook Amid AI Hype

Tesla prepares to report third-quarter results amid sharply divided analyst sentiment. While some firms see substantial downside risk, others maintain bullish positions based on the company’s AI and autonomy narrative. The earnings report comes after strong delivery numbers but concerns about post-tax credit demand.

Divided Expectations Ahead of Tesla’s Earnings Report

Tesla is reportedly set to release third-quarter financial results after markets close Wednesday, with analysts expressing sharply contrasting views about the electric vehicle maker’s prospects. According to sources familiar with analyst surveys, expectations point toward earnings of 56 cents per share, representing a 22% year-over-year increase, on revenue of $26.54 billion. These projections come despite Tesla’s second-quarter miss on both top and bottom lines, suggesting cautious optimism among some market observers.

by Liam Dorsey