Wall Street Sees $28.3 Billion Tesla Quarter—and a $4.5 Billion Cash Burn
Tesla reports Q3 after the bell with strong deliveries behind it and Wall Street focused on negative free cash flow, Cybercab economics and Optimus revenue.
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Tesla reports Q3 after the bell with strong deliveries behind it and Wall Street focused on negative free cash flow, Cybercab economics and Optimus revenue.
Tesla will stream its long-awaited Roadster event Thursday at 7:55 p.m. Central, putting final specs, price and production timing in the spotlight.
Tesla delivered 486,532 vehicles in Q3, beating its company-compiled consensus by 24,558 as deliveries outpaced production by 22,141.
Texas records now list 45 Tesla Cybercabs under Tesla Robotaxi, LLC, marking a concrete fleet milestone three days before the Austin launch event.
New footage shows a Tesla Cybercab moving through Austin with an empty cabin, while Tesla prepares for its September 3 launch event and a broader operating rollout.
Tesla raised the Dual Motor AWD and Premium AWD Cybertruck by $5,000 each. The least-expensive version is now $15,000 above its brief February price, while Cyberbeast stays at $99,990.
Tesla's 10 millionth vehicle is a Model Y built at Fremont—the same factory that produced the company's one-millionth car just six years ago.
Tesla's company-compiled analyst estimates point to stronger Q2 revenue, operating income and earnings, alongside $6.7 billion in capital spending and negative free cash flow.
Tesla's company-compiled analyst consensus points to a delivery rebound off a soft first quarter, with energy storage looking like the brighter growth lane.