Tesla(US:TSLA) Mei Ri Jing Ji Xin Wen·2025-10-23 01:32Market Overview - The three major indices collectively declined as trade tensions escalated, with the Nasdaq leading the drop at nearly 1% [1] - The Dow Jones index fell by 0.71% to 46,590.41 points, the S&P 500 dropped 0.53% to 6,699.40 points, and the Nasdaq decreased by 0.93% to 22,740.40 points [3] Company Performance - Texas Instruments' stock plummeted by 5.6% due to disappointing earnings and weak guidance for Q4, negatively impacting the semiconductor sector [4] - Netflix's stock also suffered a significant drop of 10% following underperformance linked to a dispute with Brazilian tax authorities [5] - Major tech stocks mostly declined, with Nvidia down 0.49%, Apple down 1.64%, and Amazon down 1.84%, while Microsoft and Google saw slight gains [6] Tesla Financial Results - Tesla reported Q3 revenue of $28.095 billion, a 12% year-over-year increase, surpassing analyst expectations of $26.36 billion [9] - Operating profit was $1.624 billion, a substantial 40% decline year-over-year, falling short of the expected $1.65 billion [9] - Adjusted earnings per share were $0.50, down 31% year-over-year, and also below the forecast of $0.54 [9] - Tesla acknowledged that the increase in revenue was partly driven by a surge in deliveries due to expiring tax credits, raising concerns about future sales growth [9] Cost and Profitability Challenges - The significant drop in net profit was attributed to increased operating expenses related to AI and R&D projects, stock-based compensation, and higher fixed costs per vehicle [10] - Tesla indicated that tariffs imposed by the government had a financial impact exceeding $400 million in Q3 [11] Future Outlook - Tesla plans to launch the Cybercab, Tesla Semi, and Megapack 3 in 2026, while also preparing for a broader rollout of its Full Self-Driving (FSD) software in China and Europe [11] - CEO Elon Musk emphasized AI as a core focus and mentioned plans to expand production capacity without providing a specific timeline [12][13] - Musk projected that by the end of the year, Tesla would operate Robotaxi services in 8 to 10 metropolitan areas, with plans for fully autonomous operations in Austin, Texas [14]