Tesla
TSLAQ1 2026(TSLA Q4 FY2025)Derived2% AI
AI Revenue %
2%
AI Fair Value
$23.1B
AI Revenue (Q)
$498.0M
Total Revenue (Q)
$24.9B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
For Q4 FY2025 (derived from 10-K), full-year revenue was $94,827M, 9-month was $69,926M, so Q4 was ~$24,901M. Full-year automotive segment was $82,056M, energy was $12,771M. The 10-K fundamentally repositioned Tesla's identity: 'We are focused on bringing artificial intelligence (AI) into the real world, through products and services like Full Self-Driving (FSD) (Supervised) and Robotaxi.' Mission changed to 'building a world of amazing abundance.' Restructuring of $390M for 'convergence of AI chip design efforts' in 2025. Robotaxi expanded throughout H2 2025 with ride-hailing services. FSD deferred balance continued growing (total deferred revenue would be higher). Estimating Q4 FSD recognized revenue at ~$440M plus Robotaxi revenue of ~$60M. Total AI revenue ~$500M. $500M / $24,901M = 2.01%, rounded to 2.0%. Tesla is clearly accelerating its AI identity but the vast majority of revenue remains vehicle hardware sales.
Analyzed by claude-opus-4-6
Quoted Figures
We are focused on bringing artificial intelligence (AI) into the real world, through products and services like Full Self-Driving (FSD) (Supervised) and Robotaxi, as well as working to develop and commercialize AI robots (Bots) (including Optimus)
10-K Item 1 Business Overview
Automotive segment revenues $82,056M, Energy segment revenues $12,771M for year ended December 31, 2025
10-K Segment Note
In June 2025, we launched our Robotaxi service, an autonomous ride-hailing platform that harnesses our technology and vehicles
10-K Item 1 Business
In 2025, we initiated certain actions in order to reduce costs and improve efficiency through convergence of AI chip design efforts. As a result, we recognized $390 million of expenses
10-K Note 17 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/early demos)Cybercab (construction)
Confidence Tier
DerivedCalculated from reported segments primarily serving AI