Tesla $TSLA reported Q3 2026 Earnings

Revenue: $28.05 B vs. $28.25 B expected, down 0.2% YoY ❌

EPS: $0.48 vs. $0.45 expected, down 4% YoY ✅

Tesla’s core automotive business, revenue (-3% YoY) from a year earlier to $20.56 billion in the quarter, while Energy revenue (-16%) to $2.88 billion.

Services growth generated $4.6B (+33%) with record segment gross margins of 15.9%.

While active FSD subscriptions increased 67% from a year earlier to 1.74 million, this is still a quite bad quarter for Tesla.

The stock price is down 3% in after-hours trading.

#EarningsSeason