TechCapsules

Tesla reports Q3 Earnings today: here’s what to expect

Tesla announced Q3 earnings, delivering 486,532 vehicles—surpassing the 462,000 consensus estimate—yet a 2.1% decline from the prior year. Energy storage deployments rose to 13.7 GWh. Analysts predict $28.34 B in revenue, $0.43 non‑GAAP EPS, a 2.5% operating margin, and $721 M operating income, with free cash flow around –$4.51 B. Key focus points include automotive gross margin, energy storage profitability, and updates on Cybercab, Unsupervised FSD, and Robotaxi progress. The earnings call will stream after market close.

💡 The results reveal how Tesla balances growth with margin pressure, while its updates on autonomous and robotaxi initiatives could reshape future revenue streams.

Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS

Tesla reported third‑quarter 2026 results with revenue of $28.046 billion, below analysts’ $28.34 billion forecast, while non‑GAAP earnings per share came in at $0.48 versus the expected $0.45. Operating margin edged higher to 2.6% and operating income reached $718 million, under the $721 million consensus. Free cash flow turned positive at $1.531 billion, a contrast to the $4.5 billion negative estimate. The company highlighted a 75% attach rate for Full Self‑Driving (Supervised) on new North‑American deliveries, a near‑20‑

Micron Invests in New York Critical Minerals Processing With Indium Corporation

Micron Technology announced a strategic investment in Indium Corporation’s Rome, New York, facility to expand critical‑mineral refining and high‑purity material production for advanced semiconductors. The partnership, part of Micron’s $3 billion U.S. supply‑chain plan, will secure a long‑term supply of indium and other essential minerals, reducing dependence on overseas processing. The deal aligns with Micron’s broader goal of boosting domestic semiconductor manufacturing and supports the company’s projected $250 billion spend through 2035.

💡 By re‑establishing domestic critical‑mineral processing, the partnership cuts a key vulnerability in the U.S. semiconductor supply chain, directly supporting national security and the growth of high‑tech manufacturing in Upstate New York.

Loop Capital cuts AAPL target to $330 over complicated 2026-2027 iPhone cycle

Loop Capital downgraded Apple to a Hold rating and lowered its price target from $370 to $330, citing a projected decline in iPhone shipments through 2026‑2027. Analyst Ananda Baruah noted that Apple’s staggered release schedule and supply‑chain constraints—particularly memory and processor shortages—will prevent the company from recovering the 13 million units omitted from its second‑half 2026 plan. Loop now projects 79 million iPhone shipments for Q4 2026, versus Wall Street’s 85 million estimate, and expects no rebound in 2027.

💡 The downgrade signals growing concern over Apple’s ability to sustain its flagship product’s momentum, potentially reshaping investor expectations for the tech giant’s near‑term earnings.

SpaceX reports its second earnings today: here’s what to expect

SpaceX will report its second quarterly earnings after its IPO, with analysts projecting $12.72 billion in revenue and $0.13 EPS. Revenue is expected to rise 65 % from Q2, driven mainly by AI/SI, which could double to $5.12 billion and account for half of total sales. Connectivity is projected at $4.84 billion, while Space revenue is estimated at $1.41 billion. Investors will focus on AI revenue targets, Starlink subscriber growth, capex plans, and Starship operational updates.

💡 The earnings reveal whether SpaceX’s AI push can sustain its rapid revenue growth and justify its high valuation. The call will also clarify the company’s capital allocation and Starship progress, key factors for investors assessing long‑term profitability.

Top Investor Predicts SpaceX Will Buy Tesla At $420/Share In Coming Weeks

Investor Gary Black of The Future Fund predicts SpaceX will acquire Tesla at a price of $420 per share in SpaceX stock within weeks, potentially closing in a year. The speculation follows a recent Tesla Roadster launch that Black described as a staged push for a merger, and comments from biographer Walter Isaacson linking the vehicle’s thruster technology to SpaceX. Barclays analysts have also warned of a possible announcement before Tesla’s upcoming annual meeting, intensifying market chatter since SpaceX’s initial public offering. Past Musk-led consolidations—Tesla’s rescue of SolarCity and SpaceX’s support of X and xAI—fuel expectations that a combined entity could streamline resources and leverage cross‑industry synergies. The deal would also create a platform for integrated transportation and satellite services.

💡 Uniting the world’s leading EV maker with the premier commercial launch provider would give Musk unrivaled leverage over both ground and space logistics, reshaping how capital flows into sustainable transport and satellite infrastructure.