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Tesla reported Q3 2026 revenue of $28.05 billion, flat year on year and in line with the $28.17 billion analyst estimate. Non-GAAP EPS of $0.48 beat the $0.45 consensus by 6.3%. Gross margin rose to 19.6% from 18%, while operating margin fell to 2.6% from 5.8% and free cash flow margin dropped to 5.5% from 14.2%. Vehicles sold fell 2.1% year on year to 486,532 units, and automotive accounts for 72.4% of revenue. The article says five-year annualized revenue growth of 17.2% slowed to 3.3% over the past two years, and automotive gross margin fell from 22% to 19.1%.
- General Motor Q3 Sales Slipped . Its Profits Soared . Here Are 3 Takeaways Investors Must Note .
General Motors' third-quarter net income jumped 151% to $3.34 billion, while revenue rose only 2.9% and U.S. sales fell 6.3%, as the automaker leaned on high-margin full-size trucks. OnStar recognized revenue rose 15% to $800 million, and subscription revenue was on pace to reach $10.5 billion this year, with a goal of adding 1 million subscribers by the end of 2026. GM authorized a record $20 billion share repurchase program, which could retire roughly a quarter of its shares at current prices. Shares fell about 8% by mid-afternoon on Oct. 20 after CEO Mary Barra warned of intensifying external headwinds, with total commodity inflation projected to cost about $2 billion this year. The article argues the trade-off is lower volume for higher margins and says investors should watch how GM addresses affordability and captures rising hybrid demand.
- General Motors' Q3 Sales Slipped. Its Profits Soared. Here Are 3 Takeaways Investors Must Note.
General Motors' third-quarter U.S. sales fell 6.3% and revenue rose only 2.9%, but net income jumped 151% to $3.34 billion, helped by strong full-size truck sales and high-margin subscription services. OnStar recognized revenue rose 15% to $800 million, and GM expects subscription revenue to reach $10.5 billion this year and to add 1 million subscribers by the end of 2026. The company authorized a record $20 billion share repurchase, which the article says could retire roughly a quarter of its shares at current prices. Shares fell about 8% by mid-afternoon on October 20, as CEO Mary Barra cited intensifying external headwinds, including commodity inflation projected to cost about $2 billion this year. The article notes that the higher-priced vehicle strategy is reducing sales volume, though it is paying off on the bottom line for now.
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According to rate tables surveyed on October 24, a 50 million VND deposit for 12 months would earn different interest depending on the bank and deposit channel. Online, VPBank offers the highest rate in the group at 7.1% per year (3.55 million VND in interest), followed by Sacombank at 6.8% (about 3.4 million VND) and Techcombank at 6.65% (3.325 million VND). At the counter, VPBank lists 6.9% (3.45 million VND) and Techcombank 5.95% (2.975 million VND), while SHB and MB list 5.7% per year. The article notes that actual rates may change over time and depend on deposit amount, each bank's policy and the agreement between the bank and the depositor.
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- Agribank cuts lending rates to support business and production
Agribank will reduce interest rates on existing loans by up to 2.5% per year, depending on the customer group and the rate currently applied, and has set maximum lending rates for new loans by term and borrower type. The bank says the cut will reduce its income by about 2,000 billion VND, and that it has cut nearly 6,000 billion VND in interest income since the start of the year. Agribank has instructed its entire system to complete the reductions by October 25 and to step up inspections and handle cases of non-compliance. It is also allocating 70,000 billion VND to preferential credit for small and medium-sized enterprises, at rates 1-2% per year lower than the average for the same term, and over 500,000 billion VND to other preferential programs by customer group and priority sector, at rates 2-2.5% per year lower than standard lending rates.
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