#TeslaSlides5%PreMarket
đ Tesla Beat on EPS, Then Slid ~5% Pre-Market
đ Q3 adjusted EPS $0.48 vs ~$0.45 expected
đ” Revenue flat at $28.05B, net profit down 4% to $1.7B
đ Shares fell ~4.9% to ~$367.70 pre-market (Benzinga)
đïž 2026 capex now ~$20B, down from a prior ~$25B estimate
đŻ New sales goal: 5M vehicles by end of decade, vs Musk's old 20M
đ€ Optimus to corporate customers by end of 2027, Robotaxi revenue maybe Q2 2027
â ïž Musk stayed silent on the SpaceX merger talks
What it means for crypto: Tesla still holds $BTC on its balance sheet, and Bitcoin has been moving with Big Tech earnings this week. A weak tech tape can weigh on risk assets, but one stock doesn't set the trend.
Is the market punishing Tesla's long timelines or just taking profits? đ
$BTC
#CryptoNews #Tesla #EarningsSeason #TeslaSlides5%PreMarket
đ Tesla Beat on EPS, Then Slid ~5% Pre-Market
đ Q3 adjusted EPS $0.48 vs ~$0.45 expected
đ” Revenue flat at $28.05B, net profit down 4% to $1.7B
đ Shares fell ~4.9% to ~$367.70 pre-market (Benzinga)
đïž 2026 capex now ~$20B, down from a prior ~$25B estimate
đŻ New sales goal: 5M vehicles by end of decade, vs Musk's old 20M
đ€ Optimus to corporate customers by end of 2027, Robotaxi revenue maybe Q2 2027
â ïž Musk stayed silent on the SpaceX merger talks
What it means for crypto: Tesla still holds $BTC on its balance sheet, and Bitcoin has been moving with Big Tech earnings this week. A weak tech tape can weigh on risk assets, but one stock doesn't set the trend.
Is the market punishing Tesla's long timelines or just taking profits? đ
$BTC
#CryptoNews #Tesla #EarningsSeason #TeslaSlides5%PreMarket