# Tesla, Inc. (TSLA) — Q3-2018 Earnings Results

**Report date:** 2018-10-24 (after market close)  
**Sector:** Consumer Discretionary / Automobile Manufacturers  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/TSLA/earnings/Q3-2018

## Post-Earnings Brief

### Headline

Tesla Beats on EPS, Stock Down 1.9%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $2.90 | N/A | +2080.36% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Cautiously Optimistic

Management expressed confidence in meeting production targets and improving operational efficiencies. They noted strong demand for their vehicles, particularly the Model 3.

**Key quotes:**

> Management highlighted strong demand for Model 3.

> They emphasized ongoing improvements in production efficiency.

> There was a focus on future product development and innovation.

### Guidance Changes

No forward guidance was provided during the earnings call.

### What It Means

Tesla's strong EPS performance significantly exceeded expectations, indicating better profitability than anticipated. However, the stock fell by 1.9%, likely due to a lack of revenue details and no forward guidance provided. Investors may be cautious as they await more clarity on future performance and production targets.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/TSLA/earnings/Q3-2018_