Tesla Reports Q3 Earnings As Bitcoin Holdings Rise
Tesla reported quarterly earnings per share of $0.48, beating analyst estimates of $0.45, while maintaining its Bitcoin reserves.
Tesla (TSLA) reported its quarterly financial results on October 21, 2026, posting earnings per share of $0.48 compared to analyst estimates of $0.45, marking a 6.4% positive surprise.
Following the financial release, Tesla shares closed up 3.41% at $386.47, moving up from a previous close of $373.71. Trading for the session ranged between $380.51 and $388.84 with a total volume of 44,779,790 shares. The stock's 52-week trading range stands between $297.38 and $498.83.
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Key facts
- EPS reported at $0.48 vs. $0.45 estimated
- Earnings surprise: 6.4%
- Share price: $386.47, up 3.41%
- Volume: 44,779,790
- 52-week range: $297.38–$498.83
- Crypto holdings: Tesla did not sell any Bitcoin in the quarter, with its crypto stash jumping 42% to $962 million.
Recent headlines surrounding the company have highlighted discussions regarding a potential merger with SpaceX, ongoing developments for Optimus and Cybercab projects, and mixed Q3 performance updates from Asian suppliers.
Source: bullishmarketcap.com
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