Add as a preferred source on GoogleTesla Faces Q3 Earnings Test After Deliveries Fall 2% Year Over Year
Analysts expected $27.88 billion in revenue and adjusted earnings of 43 cents per share before the report.
Tesla was due to report third-quarter results Wednesday, Oct. 21, after vehicle deliveries fell 2% year over year, giving investors an earnings update on the automaker’s latest quarter.
Analysts expected revenue of $27.88 billion and adjusted earnings of 43 cents per share.
Quarterly vehicle deliveries totaled 486,532, above market estimates but 2% below the year-earlier count.
Energy storage deployments totaled 13.7 gigawatt-hours, nearly 10% higher than a year earlier.
Tesla shares had declined about 17% in 2026 despite third-quarter vehicle deliveries exceeding market estimates.
Traders assigned 99% odds to Cybercab and Robotaxi being mentioned on the earnings call.
The earnings preview coincides with a Tesla and SpaceX review of a potential combination through independent board committees. SpaceX CEO Elon Musk disclosed the review, and no merger agreement is in place. The companies’ independent board committees are considering a possible merger.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.