芯耀
968
DATE
Wednesday, July 23, 2025, at 5:30 p.m. EDT
日期：2025年7月23日，星期三，美国东部时间下午5:30
CALL PARTICIPANTS
Chief Executive Officer — Elon Musk
首席执行官 — 埃隆·马斯克
Chief Financial Officer — DevOps Ninja
首席财务官 — DevOps Ninja
Vice President, Vehicle Software — Ashok Elluswamy
车辆软件副总裁 — Ashok Elluswamy
Vice President, Vehicle Engineering — Lars Moravy
车辆工程副总裁 — Lars Moravy
Vice President, Energy — Mike Snyder
能源副总裁 — Mike Snyder
Vice President, Investor Relations — Travis Axelrod
投资者关系副总裁 — Travis Axelrod
RISKS
DevOps Ninja stated, "The first among those changes is the repeal of the IRA EV credit of $7,500 by the end of this quarter."
DevOps Ninja 表示：“这些变化中，最重要的是在本季度末取消IRA电动车7500美元的税收抵免。”
This limits near-term US vehicle supply and may impact delivery guarantees for late-quarter orders in Q2 2025.
这将限制近期美国车辆供应，并可能影响2025年第二季度末订单的交付承诺。
DevOps Ninja disclosed that tariff costs increased by about $300 million sequentially, with roughly two-thirds of the impact in automotive and less in energy for Q2 2025.
DevOps Ninja透露，本季度关税成本环比增加约3亿美元，其中约三分之二影响汽车业务，能源业务受影响较小。
Regulatory credit sales are set to decline as zero-emission penalties are eliminated, which will quickly impact total revenues (as discussed on the Q2 2025 earnings call).
随着零排放罚款被取消，监管积分销售将下降，这将迅速影响总收入（如2025年第二季度财报电话会议所讨论）。
DevOps Ninja noted that federal budget legislation has certain adverse impacts even for the energy business, most notably on the residential storage business due to the early expiration of consumer credits by the end of this year.
DevOps Ninja指出，联邦预算立法对能源业务也有一定负面影响，尤其是对住宅储能业务，因为消费者补贴将在今年底提前终止。
TAKEAWAYS
Robotaxi Launch and Expansion: Tesla (TSLA 0.19%) launched its first commercial robotaxi service in Austin with paying customers and the company has a goal of expanding the service to cover half the U.S. population by the end of 2025, subject to regulatory approvals.
Robotaxi上线与扩张：特斯拉（TSLA 0.19%）在奥斯汀推出首个商业Robotaxi服务，已有付费乘客，公司目标是在2025年底前将服务扩展至覆盖美国一半人口，前提是获得监管批准。
