Tesla Faces Wall Street Scrutiny Ahead of Expected Q3 Profit Decline

Tesla prepares to report third-quarter earnings on October 21 amid expectations of declining profitability and surging capital expenditures. Analysts project earnings per share between $0.44 and $0.45, down from $0.50 a year earlier, on roughly flat revenue of $28 billion to $28.3 billion. Wall Street remains divided, with 21 of 44 analysts maintaining Hold ratings as operating expenses climbed 47% to $4.35 billion and full-year capital spending is expected to top $25 billion. Investor focus has shifted toward automotive margin stabilization, autonomous driving, and the deployment of Cybercab robotaxis.