Tesla's third-quarter EPS fell short of expectations, and Trump's repeal of the "Biden car purchase subsidy" hurt gross margins
Tesla's third-quarter revenue was $28.1 billion, while analysts expected $26.33 billion.
The adjusted EPS for the third quarter was $0.50, with analysts expecting $0.54.
Energy production and storage sales grew by 44% in the third quarter.
The free cash flow (FCF) for the third quarter was $3.99 billion, while analysts expected $1.25 billion.
The operating profit for the third quarter was $1.62 billion, with analysts expecting $1.65 billion.
The gross profit margin for the third quarter was 18%, while analysts expected 17.2%.
The gross margin for vehicles (excluding purchase tax credits) was 15.4%, compared to 17.1% in the same period last year.
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