Tesla (TSLA) Set to Announce Quarterly Earnings on Wednesday

Key Points

• Tesla is scheduled to report third-quarter 2026 results after Wednesday’s market close, with analysts expecting $0.4529 in earnings per share and $27.89 billion in revenue. Investors will focus on automotive margins, profitability, spending, and growth in energy storage and services.
• Tesla’s latest vehicle deliveries beat Wall Street expectations at 486,532 units, while China-made vehicle sales rose 5% in September. The company is also expanding its robotaxi fleet and promoting autonomy technology, offering potential growth catalysts.
• Risks remain significant, including planned spending of roughly $25 billion, rising operating costs, regulatory scrutiny of robotaxis, weak Cybertruck demand, and Tesla’s extremely high valuation. The stock carries an average Wall Street rating of “Hold” and an average price target of $412.33.

Tesla (NASDAQ:TSLA - Get Free Report) is expected to be releasing its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to announce earnings of $0.4529 per share and revenue of $27.89 billion for the quarter. Investors are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, October 21, 2026 at 5:30 PM ET.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter in the previous year, the company earned $0.33 earnings per share. The business's revenue was up 25.5% on a year-over-year basis. On average, analysts expect Tesla to post $0.73 EPS for the current fiscal year and $1.23 EPS for the next fiscal year.

Tesla Trading Down 0.7%

NASDAQ TSLA opened at $375.23 on Wednesday. The business has a 50 day simple moving average of $357.69 and a 200 day simple moving average of $377.09. Tesla has a one year low of $297.38 and a one year high of $498.83. The stock has a market capitalization of $1.48 trillion, a P/E ratio of 420.03, a P/E/G ratio of 23.17 and a beta of 1.92. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s third-quarter deliveries totaled 486,532 vehicles, exceeding Wall Street’s estimate of approximately 462,000 and helping drive the recent rebound in the shares. However, deliveries remained below the prior-year period. Tesla Trades at 219x Earnings
• Positive Sentiment: China-made vehicle sales increased 5% in September, extending Tesla’s growth streak in China to 11 months, supported by overseas shipments and price incentives. Tesla China EV Sales Growth
• Positive Sentiment: Jefferies raised its Tesla price target to $400 from $350, citing resilient deliveries and improving prospects for energy, services and other nonautomotive businesses, although it retained a Hold rating. Jefferies Raises Tesla Price Target
• Positive Sentiment: Tesla is expanding its Austin robotaxi fleet and showcasing the Cybercab and driver-assistance technology at the Paris Motor Show, providing potential catalysts for its autonomy strategy. Tesla Robotaxi Lands in Paris
• Neutral Sentiment: Investors are looking ahead to Tesla’s October 21 earnings report, focusing on automotive margins, profitability, capital spending and growth in energy storage and services. Tesla Q3 Earnings Preview
• Negative Sentiment: Analysts have lowered Tesla’s target as concerns grow over approximately $25 billion in planned spending and rising operating costs. The company’s very high earnings multiple also makes the stock vulnerable to weak profits or disappointing guidance. Tesla Target Lowered Over Spending
• Negative Sentiment: U.S. regulators are investigating allegations that Tesla robotaxis exceeded speed limits in active school zones, adding uncertainty to the company’s autonomous-driving rollout. Tesla Robotaxi School-Zone Investigation
• Negative Sentiment: Tesla stopped taking orders in Canada for its two least expensive China-built Model 3 variants, citing import restrictions. The move could limit access to lower-priced vehicles in an important market. Tesla Stops Canadian Model 3 Orders
• Negative Sentiment: New data suggests Cybertruck sales remain far below Elon Musk’s earlier targets, while competition from BYD, European automakers, Lucid and autonomous-driving rivals continues to challenge Tesla’s growth narrative. Cybertruck Deliveries

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the company's stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the sale, the chief financial officer directly owned 25,972 shares of the company's stock, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

TSLA has been the topic of a number of research reports. Citizens Jmp started coverage on Tesla in a research report on Thursday, July 9th. They set a "market perform" rating on the stock. Canaccord Genuity Group set a $410.00 price target on shares of Tesla and gave the company a "buy" rating in a research report on Thursday, July 23rd. HSBC restated a "reduce" rating and set a $157.00 price target on shares of Tesla in a research note on Monday, October 5th. Truist Financial set a $370.00 price objective on shares of Tesla and gave the stock a "hold" rating in a report on Thursday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $420.00 price objective on shares of Tesla in a research note on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, Tesla has an average rating of "Hold" and an average price target of $412.33.

Tesla Company Profile

Tesla, Inc NASDAQ: TSLA designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla's energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.

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