Tesla, Inc. (TSLA) Form 8-K — Oct 21, 2026
Tesla reported Q3 2026 revenue of $28.0B, roughly flat year over year, with GAAP operating income of $718M and GAAP net income of $787M — both down from Q3 2025 — as operating expenses for SI/R&D and the 2025 CEO Performance Award weighed on margins. Operationally, Tesla delivered 486,532 vehicles (down 2% YoY) but ended the quarter with its largest passenger vehicle backlog in four years, produced its 10 millionth vehicle, and started Cybercab Robotaxi rides in Austin, with cumulative unsupervised Robotaxi miles growing eightfold quarter over quarter.
Key figures
- Eps
- 0.22
- Revenue
- 28046000000
- Guidance
- Focused on maximum factory capacity utilization; expects rising data center demand to drive energy storage; plan to reach 400 MW of SI training compute by end of year
- Net Income
- 787000000
- Revenue Yoy
- roughly flat
- Total Assets
- 157517000000
- Cash Position
- 45447000000
- Capex
- $4.7B
- Deliveries yoy
- -2%
- Free cash flow
- $1.5B
- Total deliveries
- 486532
- Total production
- 464391
- Non gaap net income
- $1.7B
- Operating cash flow
- $6.3B
- Non gaap diluted eps
- 0.48
- Storage deployed gwh
- 13.7
- Gaap operating income
- $0.7B
- Gross margin yoy change
- 160 bp
- Operating margin yoy change
- -322 bp
- Active fsd subscriptions millions
- 1.74
AI analysis
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