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Breakfast News: Tesla's Slow Wheels, Fast Dreams
The Motley Fool· 2026-10-22 19:30
1. Tesla Expects to Shift Gears in 2027Tesla (TSLA +3.41%) stock still slid more than 4% in early morning trading after revenue from electric vehicles (EV) fell 3% in the third quarter. That’s one mistake the market repeats quarter after quarter. The company isn’t losing sleep over near-term auto margins because it is busy building a physical artificial intelligence (AI) and energy ecosystem. Wednesday’s report reminded investors the pivot is underway.The operational reality: Operating profit plunged 56%, b ...