Tesla reported third-quarter earnings of $0.48 per share, beating the $0.44 estimate on better automotive profitability, and cut its 2026 capex forecast to about $20 billion from $25 billion. Bank of America said more than 75% of North American customers opted for paid FSD at delivery, up from more than 55% in the second quarter, and Tesla now has over 1.7 million paid FSD users worldwide. The company is nearly sold out of Megapacks for 2027 and has started producing Optimus robots in Fremont, though reaching 20,000 units a week would take at least a year. Meanwhile, UBS said investor attention is largely focused on a potential SpaceX combination, and Tesla shares may stay sensitive to sentiment about any deal.
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TSLAearningsmergers and acquisitionselectric vehicles
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Related tickers and likely impact
TSLA
▲ Likely positiveTesla, Inc.
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/21/2026 | 386.55 |
| Change that session | +3.44% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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