From TokenPost · · 40s
Tesla Q3 Revenue Misses Estimates
Tesla's Q3 revenue falls short of analyst expectations as net income drops 43%.
In brief
Tesla's Q3 revenue falls short of analyst expectations as net income drops 43%. Tesla's Q3 revenue missed analyst estimates at $28.046 billion, with net income down 43% to $787 million. Originally reported by TokenPost.
Tesla Q3 Revenue
Tesla's third-quarter revenue totaled $28.046 billion, down $49 million from $28.095 billion a year earlier and $295 million below the $28.341 billion analyst consensus.
Net Income Drop
Net income attributable to common stockholders fell 43% to $787 million, with adjusted diluted earnings at $0.48 per share.
Battery Impact
Battery availability limited vehicle volume growth during the quarter, while the TSLAUSDT contract traded at $352.10 before earnings.
What to remember
Tesla's Q3 revenue missed analyst estimates at $28.046 billion, with net income down 43% to $787 million.
