Tesla (TSLA) Stock: What Investors Should Know After the Q3 Earnings Beat
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TLDR Tesla (TSLA) closed Wednesday at $386.47, up 3%, before its Q3 report. Adjusted EPS was 48 cents vs. 43 cents expected, while automotive revenue fell 3% to $20.56 billion. Net income dropped 29% to $787 million as AI and Optimus spending surged. Active FSD subscriptions rose 67% to 1.74 million. Musk said Robotaxi should start contributing to financials in 2027. Tesla (TSLA) stock closed Wednesday at $386.47, up $12.76 or 3%. That was before the earnings report came out after the bell. Tesla, Inc., TSLA After hours, the move was mixed. CNBC reported a slide of more than 3% in extended trading, while Barron’s had the stock up 1.5% at $392.43. Tesla posted adjusted earnings of 48 cents a share, ahead of the 43 cents analysts expected, per LSEG.
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