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Tesla Reports Third-Quarter 2026 Results

Tesla reported adjusted earnings per share of $0.48, compared to an estimated $0.44. Revenue was $28.05 billion, slightly below the estimated $28.13 billion. Gross margin was 19.6%, compared to 17.8% year-over-year. Automotive sector revenue was $20.56 billion, services and other revenue $4.61 billion, and energy generation and storage revenue $2.88 billion. Operating revenue was $718 million, below the estimated $599.3 million. Active FSD subscriptions increased to 1.74 million, and FCF was $1.53 billion, below the estimated -$4.99 billion. This marked a second consecutive quarter with TTM revenue exceeding $100 billion.

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