Tesla's third-quarter net income fell 42.68% to $787 million, yet shares slid only 0.91% on earnings day as gross profit rose 8.71%. R&D climbed to $2.76 billion from $1.63 billion to fund autonomy, Optimus and AI computing, while adjusted EPS of $0.48 beat the $0.4511 consensus. 24/7 Wall St. sets a $404.84 price target, implying 4.75% upside from the $386.47 close and a hold rating, with a bull case of $466.97 and a bear case of $363.68. Capex rose 110.5%, cutting free cash flow to $1.531 billion, though operating cash flow held at $6.263 billion and cash reached $45.447 billion. The article also notes Tesla trades at 159x forward earnings versus 6x for General Motors.
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Related tickers and likely impact
TSLA
▼ Likely negativeTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.5T |
| Close on 10/26/2026 | 391.69 |
| Change that session | +5.23% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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