✅ Trusted source
Financial
Financial
Tesla reports Q3 earnings today: what analysts expect
Tesla reports its third-quarter earnings today after the market closes, with the earnings call expected around 5 p.m. Deliveries, already reported, were 486,532 vehicles: down 2.1% from a year earlier, but above the consensus of roughly 462,000. Energy storage deployments reached 13.7 GWh, up year over year. Analysts expect revenue of $28.34B, non-GAAP EPS of $0.43, a 2.5% operating margin and free cash flow of about -$4.51B. Automotive gross margin was 16.3% in Q2, down from 19.2% in Q1.…
- Q3 deliveries: 486,532 vehicles, down 2.1% year over year, above ~462,000 estimated.
- Consensus: $28.34B revenue and $0.43 non-GAAP EPS.
- Automotive gross margin was 16.3% in Q2; consensus implies ~18% overall gross margin.
🔎 Why it matters: Figures such as the automotive gross margin versus 16.3% in Q2, and the timelines for the Cybercab beyond Austin and unsupervised FSD, are the points the source considers most decisive for the stock. The Q3 figures are analyst estimates until Tesla publishes its results.
📈 Upside: An automotive gross margin near the consensus 18% would be an improvement over the 16.3% in Q2.
📉 Risk: An automotive gross margin below that level would reinforce concerns about pricing pressure, according to the source, while NHTSA's safety review of the Cybercab remains open.
🤖 Editorial summary of the cited source, with AI-assisted analysis -- not HgYperDrive original reporting. The original source is linked above for verification. More on how this works: editorial policy →