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Happy_shanky
📉 Tesla Beat EPS, Yet Fell ~5% Premarket — Spending Is the Concern.
Tesla delivered a better-than-expected EPS result, but investors are focusing on rising expenses rather than the headline earnings beat.
📊 Q3 Highlights: • Revenue: $28.05B, flat YoY
• Gross Margin: 19.6%, up from 18.0% a year ago
• R&D Expenses: $2.76B, up 69%
• Operating Income: $718M, down 56%
• Operating Margin: 2.6%, compared with 5.8% a year ago
Gross margins improved, but increased investment.
#MetaQ3RevenueBeat
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