# TSLA: deliveries beat. Wednesday is about the margin

> Tesla's Q3 deliveries beat expectations but margins miss as Wednesday's report looms.
- Title: TSLA: deliveries beat. Wednesday is about the margin
- Summary: Tesla's Q3 deliveries beat expectations but margins miss as Wednesday's report looms. Tesla reported Q3 deliveries of 486,532 vehicles, 2.1% fewer than a…
- Keywords: tesla, q3 deliveries, earnings report, margins, nasdaq tsla, stock price, technical indicators, business, finance, TSLA, deliveries, beat
- Source: TradingView — https://tradingview.com/chart/TSLA/k9EdOXOH-TSLA-deliveries-beat-Wednesday-is-about-the-margin
- Published: 2026-10-21T04:51:21+00:00
- Read time: 1 min
- Topics: tesla, q3 deliveries, earnings report, margins, nasdaq tsla, stock price, technical indicators, business, finance
## Tesla Q3 Deliveries
Tesla reported Q3 deliveries of 486,532 vehicles, 2.1% fewer than a year ago but exceeding analyst expectations.
## Wednesday's Earnings Report
Tesla's earnings per share fell to $0.04 against $0.32 expected, causing a 14.5% stock drop the next day.
## Stock Price Movement
Tesla stock rose from $349.33 on Friday to $373.71 Tuesday, still 25% below its record high of $498.83 from 22 dec 2025.
## Musk's Merger Announcement
Musk stated Tesla and SpaceX formed special committees to explore a merger, with no terms agreed or guarantee of a deal.
## Technical Support Levels
Two support zones sit under the after-hours price: 374.70-376.80 and 370.00-372.00.
## Trading Strategy
Traders set levels to target a 60% chance of price dipping into 374.70-376.80 before reaching 386.10.
## Post-Report Outlook
The first hour of Thursday's session will decide if Tesla's price breaks above 388.60 or falls below 363.60.
## Key takeaway

Tesla reported Q3 deliveries of 486,532 vehicles, 2.1% fewer than a year ago but exceeding analyst forecasts, while earnings per share fell to $0.04 against $0.32 expected.