Tesla Q3 Earnings Analysis

4 days ago

Tim Stenbec

"My apologies, Tim. Adjusted EPS in the most recent quarter for Tesla coming in at 50 cents a share. The street on average was looking for 54 cents. Revenue did come in above estimates though at 28.1 billion. So, a beat on the revenue side, a slight miss on the EPS side. For cash flow, well above what the street was looking for, 3.99 billion in free cash flow versus an estimate of 1.25, which is almost four times the expectation. Gross margin and operating income were close to estimates, yet the stock is still kind of deciding what to do with this information."

The discussion on Tesla centers on its Q3 earnings where revenue and free cash flow beat expectations significantly while adjusted EPS came in below consensus. This mixed set of results has left the market uncertain about the stock's short-term direction amid concerns over valuation and regulatory factors.

Related Stocks