Tesla reported better-than-expected Q3 earnings of $0.48 per share, driven by strong vehicle demand and growing software and energy businesses. The company highlighted its largest vehicle backlog in four years and lowered its 2026 capital expenditure forecast. Tesla's Full Self-Driving software adoption surged, with over 1.7 million paid users globally, and progress in robotaxi and energy storage businesses was noted. Meanwhile, speculation about a potential merger with SpaceX has gained attention, with Elon Musk calling it a "good idea" but not certain. Analysts remain positive, with some adjusting earnings forecasts and price targets based on ongoing research and product launches.
Tesla shares trade at USD 381.50 on Pluang as of Oct 22, 2026 23:21 WIB, down 1.29% for the day. Despite the recent earnings beat and merger speculation with SpaceX, Pluang order activity shows a majority of 76% Sell versus 24% Buy. The stock remains well below its 52-week high of USD 489.88, reflecting cautious investor sentiment amid ongoing developments.
Tesla's recent earnings call focused heavily on future technologies like robotaxis, AI, and humanoid robots, while its core car business showed modest performance. In the world's largest EV market, China, Tesla lags behind local competitors in sales ...
Tesla announced plans to expand its Cybercab robotaxi service beyond Austin, Texas, beginning in Dallas next month and reaching other cities by year-end. The company aims to dominate terrestrial transportation and will start selling Cybercabs to flee...
Tesla has begun high-volume production of its humanoid Optimus robots in Fremont, aiming for up to a million units per line eventually. Texas Instruments (TI) revealed its chips, costing $500 to $1,000 per robot, are integral to these robots, potenti...
Tesla's shares fell following a flat Q3 revenue report and a year-over-year decline in electric vehicle deliveries, despite slightly better-than-expected earnings per share. CEO Elon Musk highlighted efforts to expand full self-driving approvals and ...
Elon Musk claimed Tesla will eventually handle the majority of all passenger miles on Earth where it can operate freely, highlighting the company's ambition in autonomous ride services. Despite this bold vision, Tesla's current robotaxi fleet has dri...
