Tesla Beats Q3 Non-GAAP EPS Estimate as Operating Income Falls 56%

Tesla beat its third-quarter non-GAAP earnings-per-share estimate, while operating income fell 56% as research spending rose across artificial intelligence, vehicle and battery programs. The automaker posted adjusted diluted earnings of $0.48 a share for the quarter ended Sept. 30, topping its Oct. 19 analyst consensus of $0.45, based on 23 analyst inputs. Revenue reached $28.046 billion, little changed from $28.095 billion a year earlier. The consensus average for revenue was $28.341 billion, putting sales below that benchmark. Operating income declined to $718 million from $1.624 billion in Q3 2025.

Source: TokenPost