The article argues that the unsupervised Robotaxi fleet could decide the Tesla stock story, but its economics have not yet shown up in reported results. The 24/7 Wall St. model sets a price target of $404.84, 8.1% above the $374.58 close on October 22, and rates the stock hold because it sees shares trading near fair value. In Q3, revenue of $28.05 billion and EPS of $0.48 beat estimates, but operating income fell 55.79% as R&D rose to $2.76 billion and battery supply limited deliveries to 486,532 vehicles. Free cash flow dropped 61.63% to $1.53 billion, while management expects about $20 billion in capex this year. Traders put 65.5% odds on a SpaceX merger being announced by the end of 2027.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
TSLAself-driving carsSpaceXmergers and acquisitions
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: low
| 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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