Most Important Earnings Call Ever

By Brian Wang

Tesla Q4 2025 Earnings Analysis

- Most important earnings call in Tesla history - not just for Tesla, but any company

- Stock hit $450 briefly, pulled back to $440 post-call

- Strong profitability despite 16% fewer deliveries Q3→Q4

- Higher profit margin: 18% → 21% gross margin

- Beat expectations: 50¢ vs 44¢ expected EPS