Tesla (TSLA) is scheduled to report third-quarter 2026 results after the close on Wednesday. The Zacks consensus expects earnings of 44 cents per share, down 12% year over year, and revenue of $27.8 billion, down 1.1%. Tesla delivered 486,532 vehicles in the quarter, up 1.3% sequentially but down 2.1% year over year and below the model estimate of 494,446 units. Zacks' Earnings ESP of -10.98% and Rank #4 (Sell) mean its model does not predict an earnings beat. The article notes that 2026 capex is expected to exceed $25 billion and shares are down 21% year to date, and it argues investors are better off staying away from the stock now.
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/16/2026 | 354.67 |
| Change that session | -2.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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