# Tesla Faces Q3 Earnings Test After Deliveries Fall 2% Year Over Year By John Kim Canonical URL: https://www.tokenpost.com/news/business/37240 Published: 2026-10-22T00:49:19.000Z Updated: 2026-10-22T00:49:19.000Z Section: Business > 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](). ## Links in this article - [independent board committees are considering a possible merger](https://www.tokenpost.com/news/business/36592)