Tesla (TSLA) News Today

Tesla, Inc. (NASDAQ: TSLA) shares decreased as investors looked past a third-quarter earnings beat and focused on weaker profitability, nearly flat revenue, reduced capital spending and uncertainty surrounding Elon Musk’s long-term AI and robotics strategy.

• Positive Sentiment: Earnings and cash flow beat expectations. Tesla reported adjusted EPS of $0.48 versus the $0.45 consensus estimate and generated approximately $1.5 billion in free cash flow. Vehicle deliveries stabilized, services revenue grew, and Tesla said it has delivered more than 10 million vehicles. Tesla Q3 results
• Positive Sentiment: Full Self-Driving adoption remains a key bull-case catalyst. More than 75% of North American deliveries included paid FSD subscriptions, with subscriptions reportedly rising 67% year over year. Supportive analysts view FSD, robotaxis, Optimus and Megapack as potential drivers of future software-like revenue. Tesla FSD subscriptions
• Positive Sentiment: Robotaxi and robotics expansion support long-term optionality. Tesla plans to expand its Cybercab service beyond Austin and has begun producing Optimus humanoid robots in Fremont. Several analysts raised targets, including Morgan Stanley to $410, JPMorgan to $430, Mizuho to $460 and RBC to $480. Tesla Cybercab expansion
• Neutral Sentiment: A potential SpaceX-Tesla merger remains the biggest speculative driver. Tesla and SpaceX formed independent committees to study a combination, which could unite AI, chips, robotics, energy, satellites and transportation assets. However, Musk is excluded from negotiations because of conflicts, requires approval from both boards and Tesla shareholders, and says a deal is not certain. Valuation, regulation, China operations and possible shareholder dilution remain major obstacles. Tesla-SpaceX merger talks
• Negative Sentiment: Core financial trends disappointed investors. Revenue was essentially flat year over year at about $28.05 billion, operating income fell 56%, and automotive revenue declined. Energy revenue also missed expectations, reinforcing concerns that Tesla’s current valuation depends heavily on unproven future businesses.
• Negative Sentiment: The 2026 capital-expenditure reduction raised strategic concerns. Tesla cut its planned 2026 CapEx to $20 billion from more than $25 billion. While this may protect near-term cash flow, investors questioned whether the pullback signals slower progress in AI infrastructure, robotaxis and Optimus. A broad Nasdaq technology selloff, renewed AI-spending doubts and higher oil prices added pressure. Tesla spending pullback