From Seekingalpha · Bill Maurer · · 40s
Tesla Q3 Results Beat EPS with Margin Boost
Tesla's Q3 revenue missed but adjusted earnings beat expectations as gross margins rose.
In brief
Tesla's Q3 revenue missed but adjusted earnings beat expectations as gross margins rose. Tesla reported Q3 revenue below target but adjusted EPS exceeded forecasts with improved gross margins. Originally reported by Seekingalpha.
Tesla Q3 Results
Tesla reported Q3 revenue below target but adjusted earnings beat expectations as gross margins rose.
Free Cash Flow Surprise
The company reported positive free cash flow with light capital expenditures and rising short-term liabilities.
Investor Focus
Investors are waiting for robotaxi progress and a potential SpaceX business combination.
The one thing
Tesla reported Q3 revenue below target but adjusted EPS exceeded forecasts with improved gross margins.
