Tesla reported third quarter results with revenue below expectations but adjusted earnings per share (EPS) beating estimates due to improved gross margins. The company also surprised investors with positive free cash flow, attributed to low capital expenditures and a rise in short-term liabilities. Market watchers are keenly awaiting updates on Tesla's robotaxi development and a potential business deal with SpaceX, which could impact future growth prospects.
Tesla shares are trading at USD 379.37 on Pluang as of Oct 22, 2026 04:41 WIB, showing a 1.51% gain in the last day. The stock's market cap stands at $1.48 trillion, reflecting its significant presence in the consumer cyclical sector. Despite mixed quarterly results, investor interest remains notable with a typical hold time of 88 days on the platform.
Tesla reported Q3 revenue of $28.05 billion, slightly above estimates, driven by a 33% increase in services revenue to $4.61 billion. Despite a 3% drop in automotive revenue and a 16% decline in energy sales, Tesla launched Cybercab robotaxi rides in...
Tesla reported Q3 revenue of $28.05 billion, slightly above Wall Street estimates, driven by a rebound in vehicle deliveries and growth in its energy storage unit. The company delivered 486,532 vehicles, surpassing expectations, though deliveries wer...
Tesla has started producing its Optimus humanoid robots at its Fremont factory, marking a key step toward commercializing the technology. Despite this progress, Tesla's third-quarter earnings fell sharply, with profits down 43% due to increased spend...
Tesla shares rose 4% following Elon Musk's endorsement of a potential merger between Tesla and SpaceX, though he emphasized that independent committees must approve any deal and no agreement is guaranteed. The merger idea adds a premium to Tesla stoc...
Waymo has started offering autonomous vehicle rides at Harry Reid International Airport in Las Vegas, marking its sixth major airport service. Pickups and dropoffs occur at dedicated zones in Terminals 1 and 3. Initially, rides will be limited to a f...
