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Superchargers are the only part of Tesla's business seeing growth

9 months ago
  • #Tesla
  • #Revenue
  • #Supercharger
  • Tesla's Q2 results show a slight recovery but overall business shrinkage in automotive sales, leasing, regulatory credits, and energy storage.
  • Only 'services and other' category, including Supercharging, saw revenue growth—from $2.61B in Q2 2024 to $3B in Q2 2025.
  • Supercharging profits grew 64% sequentially, driven by increased usage from non-Tesla vehicles and network expansion (2,900 new stalls).
  • Elon Musk's firing and rehiring of the Supercharger team caused disruptions, but rollout is back on track with more brands gaining access.
  • Tesla charges higher prices for non-Tesla EVs at Superchargers, boosting profits despite Musk's past claims that Supercharging wouldn't be a profit center.
  • Mobile service fleet downsizing likely reduced its contribution to revenue compared to Superchargers.
  • Overall, Tesla's net income was $1.1B (GAAP), with Supercharging being the only segment showing revenue growth YoY.