Tesla’s third-quarter 2026 adjusted earnings per share beat estimates as automotive revenue fell

Tesla reported third-quarter 2026 results after the bell Oct. 21. Automotive revenue fell from a year earlier, CNBC reported. CNBC put adjusted earnings at 48 cents a share against a 43-cent estimate from analysts polled by LSEG. Yahoo Finance posted 48 cents against a 44-cent expectation.

The revenue comparison depends on which estimate is used. Total revenue was $28.05 billion, above the $27.9 billion LSEG estimate cited by CNBC but below the $28.13 billion expectation posted by Yahoo Finance.

CNBC reported that automotive revenue fell 3% from a year earlier to $20.56 billion. Yahoo Finance compared that result with a $19.83 billion expectation, rather than with the prior year. CNBC also reported that net income attributable to common shareholders fell 29% to $787 million from $1.11 billion a year earlier. Free cash flow fell 62% from a year earlier to $1.53 billion, according to CNBC; Yahoo Finance posted the same result against an expectation of negative $4.99 billion.