Tesla Inc (TSLA · NASDAQ)

Tesla reported a Q3 earnings beat on 2026-10-21, with adjusted EPS of $0.48 versus $0.44 estimated and positive free cash flow of $1.53 billion, and the stock closed at $386.47, up 3.4% on the day and 25.7% over three months. The quarter's momentum contrasts with a mixed recent record — Q2 EPS of $0.33 missed estimates by 38.9% and Q2 free cash flow was negative $1.09 billion — while trailing-twelve-month profitability remains thin, with a 1.4% operating margin and 3.7% profit margin. Valuation is stretched at a P/E of 346.03 and EV/EBITDA of 122.54 against an analyst target of $397.83, though the balance sheet is solid with $15.22 billion in cash against $9.34 billion in total debt. Separately, Tesla began production of Optimus robots at Fremont and reported its first Cybercab crash to NHTSA, an incident in September involving a 5 mph collision with a water-filled pothole.