Tesla Q3 2026 earnings: FSD demand outpaces production capacity

Tesla reported a very strong third quarter in 2026, with vehicle demand significantly exceeding production capacity, driven primarily by its Full Self-Driving technology. The company is now ramping up production to meet this surging demand. CEO Elon Musk congratulated the Tesla team for the quarter's performance, noting that demand is growing rapidly and outpacing manufacturing output. He identified Full Self-Driving as the biggest driver of customer interest, adding that no competitor currently offers a similar product. The remarks were made during Tesla's Q3 2026 earnings call on October 21, where executives discussed the business outlook. The company is focusing on meaningfully increasing production to address the supply-demand gap.