Tesla's EV business appears to be rebounding, and a possible merger with SpaceX (SPCX) is drawing more attention, though Musk says he is not part of any merger talks. In the third quarter, deliveries fell 5% while production rose 4%; auto revenue dropped 3% to $20.56 billion, while active FSD subscriptions rose 67% to 1.74 million. Service revenue jumped 33% to $4.6 billion, and adjusted EPS slipped 4% to $0.48, still above the $0.43 analyst consensus. Tesla is also developing the Cybercab robotaxi, Optimus robots and the Semi truck, and the author judges this a favorable time to add the stock.
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TSLAelectric vehiclesElon Muskmergers and acquisitions
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Related tickers and likely impact
TSLA
▲ Likely positiveTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.5T |
| Close on 10/23/2026 | 372.21 |
| Change that session | -0.63% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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