Tesla's net income attributable to common stockholders fell 42.7% year on year to $787 million in Q3 2026, while total revenue was roughly flat at $28.05 billion. Total operating expenses rose 39.2% to $4.78 billion, led by a 69.4% jump in R&D to $2.76 billion, so income from operations fell 55.8% to $718 million. Automotive revenue dropped 3%, regulatory credit revenue fell 72.9% and energy generation and storage revenue slid 15.6%, while services and other revenue rose 32.5% to $4.61 billion. Tesla said its priorities are maximizing factory utilization, maintaining liquidity, cutting manufacturing and operating costs, and expanding its software, fleet and infrastructure businesses.
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Related tickers and likely impact
TSLA
▼ Likely negativeTesla, 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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