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Tesla warns on 'near-term uncertainty' ahead of acceleration of AI, software, and fleet-based profits Comment (1) Tesla (NASDAQ:TSLA) fell slightly in after-hours trading on Wednesday after releasing its Q3 earnings report. The electric vehicle giant reported revenue was up 11.6% year-over-year in Q3 to $28.1 billion. EPS came in at $0.50 vs. $0.56 consensus and $0.62 a year ago. GAAP net income for Quick Insights Tesla's Q3 revenue beat expectations but EPS missed consensus estimates. Tesla's Q3 operating and gross margins declined year-over-year but showed sequential improvement. Tesla is focused on long-term value creation through investment in innovation, manufacturing efficiencies, and growth in AI, software, and new business lines. Recommended For You
