Tesla Q3 operating income $718M, beating $599.3M estimate; FSD subscriptions hit 1.74M

Tesla reported Q3 operating income of $718M, beating the $599.3M estimate. Revenue was $28.05B (est. $28.13B), adjusted EPS 48c (est. 44c), and free cash flow $1.53B. CFO Vaibhav Taneja said over 75% of North American buyers signed up for paid FSD at delivery, with 1.7M+ paid FSD customers and auto margins rising to 18.1%. Tesla held its $972M in Bitcoin during the quarter.

Detected & updated continuously · Source: Nebula