Tesla Faces Q3 Earnings Test After Deliveries Fall 2% Year Over Year
Photo: TokenPost
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.
Source: TokenPost
