Tesla Q3 Deliveries Beat Production by 22K; AI5/AI6 Chips Set for 2027-28
TSLA sits 28% above its 52-week low of $297.38.
Summary
Tesla delivered 486,532 vehicles in Q3, exceeding production of 464,391 by over 22,000 units. Deliveries rose 1.3% quarter-over-quarter, though they remain about 2% below the prior year. Energy storage hit 13.7 GWh. The company also confirmed AI5 and AI6 inference chips are on track for 2027 and 2028 production, with AI5 optimized for Robotaxi and Optimus edge use. The Austin Terafab development fab is estimated to cost about $3 billion. This follows a difficult Q2 that saw negative free cash flow and a 15% share drop; the delivery beat and AI roadmap provide a more constructive update. Analyst Gary Black estimates stronger volumes could add roughly $0.15 to annual EPS and $32 to the share price if sustained.
At the time of this announcement, TSLA was trading at $379.76 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.5T. The 52-week trading range was $297.38 to $498.83. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.