Tesla
TSLAQ3 2025(TSLA Q2 FY2025)Derived1.8% AI
AI Revenue %
1.8%
AI Fair Value
$20.4B
AI Revenue (Q)
$842.4M
Total Revenue (Q)
$46.8B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
For Q2 FY2025 (3 months ended Jun 30, 2025), total revenue was $22,496M. Total deferred revenue grew to $7,001M ($3,237M current + $3,764M non-current). Tesla launched its Robotaxi service in Austin in June 2025, though initial revenue would be minimal in the launch month. Estimating FSD recognized revenue at ~$380M plus very early Robotaxi revenue (~$10-20M). Total AI revenue ~$400M. $400M / $22,496M = 1.78%, rounded to 1.8%. The Robotaxi launch is a significant AI milestone but revenue contribution is negligible at launch.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues $22,496M for three months ended June 30, 2025
10-Q Consolidated Statements of Operations
In June 2025, we launched our Robotaxi service in Austin, capitalizing on our AI investments and scalable mobility infrastructure to advance a service-driven business model
10-Q Item 2 MD&A Overview
Deferred revenue current $3,237M + non-current $3,764M = $7,001M as of June 30, 2025
10-Q Consolidated Balance Sheet
AI Products Identified (Ring 1)
Full Self-Driving (FSD) SupervisedAutopilotRobotaxi (Austin launch)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Dojo/Cortex AI training cluster (internal)Optimus robot (pre-revenue)Cybercab (construction)
Confidence Tier
DerivedCalculated from reported segments primarily serving AI