Does XPEL’s (XPEL) Tesla Deal And Governance Shift Redefine Its Competitive Moat Narrative?

March 4, 2026

XPEL, Inc. reported past fourth-quarter and full-year 2025 results with revenue of US$122.27 million and US$476.20 million respectively, alongside higher net income and earnings per share year over year.
The company also amended its bylaws to tighten director removal rules and expanded its OEM reach through a new Tesla-approved window tinting partnership in the United States.
Next, we’ll examine how XPEL’s strong earnings and new Tesla partnership might influence its investment narrative and…