Tesla (TSLA) Projected to Announce Quarterly Earnings on Wednesday

Tesla (NASDAQ:TSLA) will likely be announcing its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect Tesla to post earnings of $0.4481 per share and revenue of $27.94 billion for the quarter. Parties can check the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 21, 2026 at 5:30 PM ET.

Tesla (NASDAQ:TSLA) last released its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same period in the previous year, the company posted $0.33 EPS. The company’s quarterly revenue was up 25.5% compared to the same quarter last year. On average, analysts expect Tesla to post $0.71 EPS for the current fiscal year and $1.17 EPS for the next fiscal year.

Tesla Price Performance

Shares of TSLA opened at $368.06 on Tuesday. The stock has a market cap of $1.45 trillion, a P/E ratio of 340.80, a price-to-earnings-growth ratio of 22.59 and a beta of 1.92. Tesla has a 1 year low of $297.38 and a 1 year high of $498.83. The stock’s 50-day moving average price is $360.72 and its two-hundred day moving average price is $377.03. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the sale, the chief financial officer owned 25,972 shares of the company’s stock, valued at $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by company insiders.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Roadster enthusiasm and SpaceX speculation supported sentiment. Tesla’s thruster-powered Roadster demonstration, along with Elon Musk’s claims about future autonomy and “sentience,” generated investor interest. Commentary also revived speculation that SpaceX could acquire or merge with Tesla, although analysts stressed that such a transaction would be complex and remains unconfirmed. Tesla’s Roadster Reveal Hints at 2 Much Bigger Moves
• Positive Sentiment: Florida policy comments added to the Roadster catalyst. Florida Governor Ron DeSantis said he would work to make the flying Roadster legal in the state, helping Tesla outperform smaller EV peers. The commercial opportunity remains highly uncertain because Tesla has not established pricing, production scale or regulatory approval. Tesla Rises as DeSantis Vows to Make Flying Roadster Legal in Florida
• Positive Sentiment: Shareholders will vote on board continuity. Tesla asked investors to re-elect Musk, Chair Robyn Denholm and JB Straubel at the December annual meeting. The proposal maintains the current leadership structure, which may reassure supporters of Tesla’s AI, robotaxi and robotics strategy. Tesla Asks Shareholders to Re-elect Musk, Denholm and Straubel
• Neutral Sentiment: Q3 earnings are the immediate trading event. Tesla reports after Wednesday’s close. Estimates generally call for about $27.8 billion-$27.9 billion in revenue and roughly $0.43-$0.44 in adjusted EPS, below the prior-year EPS figure. Options markets imply a potentially large post-earnings move, making margin commentary, deliveries, FSD monetization and capital spending particularly important. How Much Tesla Stock Is Expected to Move After Earnings
• Negative Sentiment: Profitability and valuation remain major risks. Analysts expect earnings to decline, with gross-margin pressure and substantial spending on AI, chips, Optimus and robotaxis potentially limiting near-term profits. At a very elevated valuation, Tesla may need to materially exceed expectations to sustain the rebound. Tesla’s Biggest Earnings Risk May Be Its Bullish Sentiment
• Positive Sentiment: A federal appeals court decision reduced legal overhang. A Ninth Circuit ruling decertified a class action involving Tesla’s self-driving claims, a potentially favorable development for litigation risk, although it does not eliminate all legal or regulatory exposure. US Appeals Court Overturns Class Action Lawsuit Over Tesla Self-Driving Claims

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TSLA. Wells Fargo & Company reiterated a “buy” rating on shares of Tesla in a research report on Thursday, October 1st. BMO Capital Markets began coverage on shares of Tesla in a report on Monday, August 17th. They set an “outperform” rating for the company. Tigress Financial reaffirmed a “buy” rating and issued a $550.00 target price on shares of Tesla in a research note on Thursday, October 8th. Morgan Stanley reiterated a “reduce” rating on shares of Tesla in a report on Monday, September 14th. Finally, Deutsche Bank Aktiengesellschaft set a $420.00 target price on shares of Tesla in a report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, sixteen have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, Tesla currently has a consensus rating of “Hold” and an average price target of $415.07.

Tesla Company Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.