Tesla's Cybercab, a two-seat vehicle with no steering wheel or pedals, has grown past 300 vehicles in a month, but it still trails Alphabet's Waymo in driverless experience: Tesla's robotaxi hubs have logged about 380,000 driverless miles, while Waymo has over 220 million rider-only miles. NHTSA is auditing whether Cybercab meets U.S. safety standards, with Tesla given until Oct. 30 to answer 21 requests. Core business is under pressure: Q3 deliveries of 486,532 units fell 2.1% year over year, automotive gross margin excluding regulatory credits slipped to 16.3% in Q2, energy storage margin dropped to 20.4% from 39.5%, and 2026 capex is expected to top $25 billion. Shares are down 12% over the past year and trade at a 13.08 forward price-to-sales ratio, EPS estimates have been cut, and the article assigns TSLA a Zacks Rank #4 (Sell).
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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 | $1.4T |
| Close on 10/09/2026 | 382.70 |
| Change that session | +2.05% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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