Tesla reports third-quarter 2026 results after the closing bell on Wednesday, Oct. 21, with the conference call at 5:30 p.m. ET (2:30 p.m. PT), according to MarketBeat.
What analysts expect
- Zacks consensus: 44 cents a share on $27.8 billion revenue, implying a 12% drop in earnings and a 1% fall in revenue from a year earlier. The estimate fell 3 cents over 30 days.
- MarketBeat consensus: $0.4481 a share on $27.94 billion, versus $0.50 on $28.10 billion a year ago.
- Benzinga cites $0.43 on $27.90 billion.
The track record
In Q2, Tesla posted $0.33 a share, missing the $0.50 consensus, MarketBeat said; Zacks put that miss at 34%. Tesla has beaten the consensus EPS estimate in 4 of its last 8 quarters, per MarketBeat.
Numbers already known
Tesla delivered 486,532 vehicles in Q3, up 1.3% from Q2 but down 2.1% from the record 497,099 a year earlier, when buyers rushed ahead of the Sept. 30, 2025 end of the $7,500 federal EV tax credit. That included 478,237 Model 3/Y and 8,295 other models, Zacks noted.
What to watch
Automotive gross margin, energy storage margins after Q3 deployments of 13.7 GWh, and updates on Robotaxi and Optimus, Benzinga said. Musk said Saturday that Optimus and Cybercab will be the vast majority of Tesla's value. Shareholder questions: Say Q&A is open until Oct. 20.
TSLA closed Friday, Oct. 16, at $354.72, down 2.13%, per MarketBeat.