Tesla shares were flat after hours after third-quarter revenue of $28.0 billion came in below the $28.3 billion analyst estimate, while adjusted EPS of $0.48 beat the expected $0.45. Vehicle deliveries fell 2%, adjusted net income dropped 4% to $1.7 billion, and capital expenditures rose 110% to $4.7 billion, leaving free cash flow at $1.5 billion. The spending supports Tesla's push into AI and robotics, including the Cybercab robotaxi, the Terafab chip project with SpaceX, and Optimus production; management guided to over $25 billion in 2026 capex versus $8.53 billion in 2025. Special committees at Tesla and SpaceX are reviewing a possible merger, and TSLA stock is down 14% year to date.
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TSLAearningsAI investmentelectric vehiclesmergers and acquisitions
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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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