Tesla
TSLAQ4 2025(TSLA Q3 FY2025)Derived1.8% AI
AI Revenue %
1.8%
AI Fair Value
$20.4B
AI Revenue (Q)
$1.3B
Total Revenue (Q)
$72.0B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
For Q3 FY2025 (3 months ended Sep 30, 2025), total revenue was $28,095M. Total deferred revenue grew to $7,502M ($3,756M current + $3,746M non-current). Tesla continued expanding its Robotaxi service after the June 2025 launch, with the MD&A now mentioning 'ride-hailing' as a service category. Restructuring charges of $238M related to 'convergence of AI chip design efforts' (supercomputer assets, contract terminations) signal maturing AI infrastructure. Estimating FSD recognized revenue at ~$420M plus growing Robotaxi revenue (~$80M). Total AI revenue ~$500M. $500M / $28,095M = 1.78%, rounded to 1.8%. The higher absolute revenue base offsets the growing AI revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues $28,095M for three months ended September 30, 2025
10-Q Consolidated Statements of Operations
Deferred revenue current $3,756M + non-current $3,746M = $7,502M as of September 30, 2025
10-Q Consolidated Balance Sheet
We have continued to expand and refine our Robotaxi service after its June 2025 launch
10-Q Item 2 MD&A Overview
We initiated certain actions in order to reduce costs and improve efficiency through convergence of AI chip design efforts. As a result, we recognized $238 million of expenses
10-Q Note 13 Restructuring and Other
AI Products Identified (Ring 1)
Full Self-Driving (FSD) SupervisedAutopilotRobotaxi service
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.
Cortex AI training cluster (internal)Optimus robot (pre-revenue)Cybercab (construction)
Confidence Tier
DerivedCalculated from reported segments primarily serving AI