Tesla reported revenue of $28.05B, essentially flat, and adjusted EPS of $0.48 that beat the $0.4511 estimate, but operating income fell 55.79% to $718M as R&D rose to $2.76B from $1.63B. The company holds over $45 billion in cash and investments and has up to $30 billion in borrowing capacity, while active FSD subscriptions climbed to 1.74M from 1.04M. Free cash flow fell 61.63% to $1.53B, and current-year capex guidance is near $20 billion. The consensus target of $413.10 implies 3.66% upside across 44 analysts, and 2027 EPS estimates have seen 10 downward revisions against 1 upward in the past 30 days. Shares are down 11.39% so far this year while the S&P 500 is up 10.63%, and the stock trades at 164x forward earnings.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Tesla Has Cash But It Won’t Matter for The Rest of 2026
Read the original on Yahoo Finance ↗
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TSLAearningselectric vehiclesvaluation
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Related tickers and likely impact
TSLA
▼ Likely negativeTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.6T |
| Close on 11/03/2026 | 398.22 |
| Change that session | -1.39% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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