Gary Black Tracker
2025.10.22 21:02

$Tesla(TSLA.US) (-2% AH) missed on 3Q Adj EPS ($.50 vs $.59 exp) as auto gross margin ex-reg credits was light (15.4% vs 15.6% exp), higher than expected Restructuring ($238M vs $0) and Other expense (-$28M vs $0). Tax rate also came in high (29.1% vs 21.1%). SG&A expenses were also higher than expected (6.4% of revs vs 5.4% of revs expected).

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