Tesla reported third-quarter revenue of $28.10 billion, surpassing consensus estimates of $24.98 billion, and delivered non-GAAP EPS of $0.50 versus analyst expectations of $0.48. Automotive gross margin held near 25%, while automotive deliveries dipped 2% sequentially amid production transitions at Gigafactory Berlin. The company also announced record energy storage deployments of approximately 5 GWh for the quarter, contributing to a 35% year-over-year increase in Energy Generation & Storage revenue and reinforcing Tesla’s strategic shift toward diversified clean-energy offerings.

In its latest 13F filing, Gibbs Wealth Management disclosed a 27.9% reduction in its Tesla stake, selling 2,501 shares to hold 6,465 shares valued at roughly $2.9 million. CFO Vaibhav Taneja sold 2,637 shares at an average price of $443.93 for proceeds of $1.17 million, and Director James R. Murdoch disposed of 60,000 shares at $445.40 per share, netting $26.7 million. Over the past ninety days, Tesla insiders have collectively sold 119,457 shares worth $53.5 million. Institutional investors now own 66.20% of Tesla’s outstanding shares, underscoring a cautious repositioning by large funds.

Tesla’s autonomous ride-hail service remains limited to Austin and the San Francisco Bay Area with safety monitors, falling short of previous targets to launch in 8–10 metro areas by year-end. Production of the dedicated Cybercab is slated to begin in Q2, but regulatory approvals may lag production volumes. Meanwhile, data collection for Optimus humanoid-robot training is set to commence at the Austin Gigafactory in February, following over a year of training at Fremont. Investors will closely watch the pace of robotaxi deployment and Optimus commercialization as key drivers of recurring revenue beyond traditional vehicle sales.