Tesla's Q1 2025 financial results showed total revenues of $22.5 billion, with automotive revenues at $16.7 billion and a GAAP gross margin of 17.2%. Gross profit was reported at $3.88 billion and the non-GAAP earnings per share stood at $0.40. During the Q2 2025 earnings call, significant updates included the Robotaxi service launch in Austin, which is set to expand to more areas, including the Bay Area and Florida, contingent on regulatory approval.
Elon Musk stated, "I think we'll have Robotaxi in half the population of the US by the end of the year?" This expansion is contingent on regulatory approval.
Travis Axelrod confirmed that Tesla CEO Elon Musk and other executives joined the earnings call, discussing significant updates including the Robotaxi pilot in Austin.
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