Tesla posts quarterly loss above expectations and disappoints the stock market

Tesla’s moment of truth arrived recently as shares of the electric vehicle pioneer sank to under US$300, their lowest level in nearly six months, after the company posted a wider-than-expected loss in the July-to-September quarter and missed production targets. Tesla stock is down 21% from its mid-September peak, or officially in bear market territory. ... To be sure, Tesla’s business model is different from run-of-the mill passenger car companies such as Toyota Motor. For one thing, Tesla has made it very clear that it is going for the autonomous taxi network model. CEO Elon Musk has talked a

# Tesla's Progress Is Real, And So Is The Price Generated by Julian Cruz Reviewed by The Newsroom Sun, Nov 1, 2026, 04:31:39 ET 4min read - Tesla TSLA-- reported flat Q3 revenue ($28.05B) and a narrow $0.48/share earnings beat, with GAAP net income down 43% YoY. - FSD subscriptions surged 67% to 1.74M, robotaxi expanded, and margins improved, signaling tangible progress in autonomy. - Capital spending cut to $20B for 2026 (from $25B+) boosted cash flow but raised concerns about stifling future AI/robotaxi growth. - At $1.58T valuation (490x earnings), analysts see minimal upside, with $402.47