Tesla Inc. (NASDAQ: TSLA) on Wednesday announced results for the third quarter of fiscal 2026, reporting revenues that remained broadly unchanged year-over-year and a decline in adjusted earnings. The bottom line beat analysts’ estimates.
The electric car giant’s third-quarter revenue was $28.05 billion, compared to $28.09 billion in the prior-year quarter. The company produced a total of 464,391 vehicles during the three months and delivered 486,532 units.
Adjusted earnings, excluding one-off items, declined to $0.48 per share in the third quarter from $0.50 per share a year earlier, but topped expectations. Unadjusted net income was $787 million or $0.22 per share in Q3, compared to $1.37 billion or $0.39 per share in the corresponding period of 2025.
