Tesla’s third-quarter outcomes are in.
Elon Musk’s EV maker reported adjusted earnings per share of $0.50, trailing the consensus analyst estimate of $0.54. It did, nonetheless, report document income of $28.1 billion, exceeding forecasts.
The inventory dropped about 1% in after-hours buying and selling.
Heading into the decision with analysts, traders will likely be searching for key updates to gauge whether or not the large rally that is occurred within the final six months can final into year-end. They will be laser-focused on updates on Tesla’s robotaxi rollout and steering on deliveries for the present quarter, as some marvel if gross sales might wane after the EV tax credit score expired on the finish of September.
After a curler coaster trip for the inventory in 2025, shares at the moment are up 95% in six months, however even with such an enormous acquire, that solely quantities to an increase of about 10% year-to-date.
The earnings name will start round 5:30 p.m. ET.
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