Tesla (TSLA) This autumn 2025 earnings | USAEMALL.com

Tesla plans to reports fourth-quarter earnings for 2025 after the bell on Wednesday.

Here what Wall Street is expecting for the quarter, according to analysts polled by LSEG:

• Earnings per share: 45 cents expected
• Revenue: $24.79 billion expected

Revenue has been sluggish in recent quarters for Tesla, as the company faces an onslaught of competition in various parts of the world, most notably from BYD in China.

Analysts expect to see a drop in revenue for the third time in the past fourth quarters, with the average estimate showing a 3.6% decline from $25.7 billion a year earlier. Revenue for the full year is expected to come in at about $95 billion, which would be a 2.8% slide from 2024 and represent the first annual drop on record for the company.

Earlier this month, Tesla reported a 16% plunge in vehicle deliveries for the fourth quarter and 8.6% decline for the full year. Deliveries are the closest approximation of sales reported by Tesla, but are not precisely defined in the company’s shareholder communications.

While Tesla’s core business has been struggling, CEO Elon Musk has tried to focus investor attention elsewhere. In particular, he’s touted the company’s nascent Robotaxi business and its Optimus humanoid robots, which have yet to hit the market.

Following a brutal start to 2025, Tesla’s stock bounced back and ended the year up 11% after soaring in the third quarter.

On the Say Technologies forum, which Tesla uses to solicit investor questions for earnings calls, some of the top-voted entries as of Tuesday were about the company’s partially automated driving systems, marketed as Full Self-Driving (Supervised) in the U.S., and on its plans for a driverless ride-hailing service.

In 2025, Tesla launched a Robotaxi-branded ride-hailing app, and the company has been running a pilot service in Austin, Texas. Last week, Tesla executives said they had taken human safety supervisors out of a handful of cars in the Austin fleet to conduct driverless passenger rides.

The company also operates a ride-hail service, with human drivers behind the wheel, in the San Francisco area, where it doesn’t have permission to operate driverless vehicles without a human at the wheel, even for testing purposes.

Meanwhile, Alphabet’s Waymo service continues to expand commercially in the U.S., and Baidu’s Apollo Go keeps growing in Asia.

Some investors submitted questions about Musk’s other companies, including xAI and whether Tesla planned to invest in the artificial intelligence startup, and asked if Tesla shareholders will get any special access to invest in an eventual SpaceX IPO. Musk has said he wants to take his aerospace and defense contractor public in 2026.

Capital expenditures will likely be another topic on the call, as investors wait to hear about the chip technology that will underpin Tesla’s self-driving and robotics efforts. During Tesla’s annual shareholder meeting in November, Musk said the company would be moving ahead with production of new chips with Samsung and Taiwan Semiconductor Manufacturing Co.

Analysts polled by FactSet expect Tesla’s capex to grow to $11 billion this year from a projected $9.5 billion in 2025.

Tesla’s call with analysts is scheduled to begin at 5:30 p.m. ET.

WATCH: Robotaxi will be major focus of Tesla’s earnings call