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%.
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/21/2026 | 386.47 |
| Change that session | +3.41% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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