Tesla beats Q3 forecasts, shares rise on improved auto margins

jp.investing.com (Japanese) —

Tesla reported third-quarter earnings that beat market expectations, with revenue and profit exceeding forecasts, and its automotive gross margin improved, causing shares to rise 1.5% in after-hours trading on Wednesday. The electric vehicle maker posted revenue of $28.05 billion and earnings per share of 48 cents for the third quarter of 2026, surpassing analyst estimates of $27.92 billion in revenue and 45 cents per share. Tesla's automotive gross margin, excluding regulatory credit sales, improved to 18.1% from 15.4% a year earlier and 16.3% in the previous quarter. The article is subject to updates as more information becomes available.


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