Tesla stock: October 21 results test margins for Tesla stock

Published on 10/21/2026 at 17:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tesla's second-quarter revenue reached USD 28.24 billion and operating margin was 1.00 percent. Tesla stock costs EUR 344.23 on October 21, 2026.

Reporting and valuation

Tesla's investor-relations calendar sets third-quarter results for October 21, 2026.
Tesla's market capitalization was USD 1,526.1 billion on October 21, 2026.
Tesla stock costs EUR 344.23 at Lang & Schwarz on October 21, 2026 at 5:36 p.m. CEST.

Isometrisches 3D-Diagramm der Wertschöpfungskette von Batterie bis Ladestation — Isometrisches 3D-Diagramm zeigt die Wertschöpfungskette von Tesla Inc., ISIN US88160R1014, von Batterie bis zur Ladestation, Illustration mit AI erstellt.

Tesla (ISIN US88160R1014) is due to report third-quarter results on October 21, 2026. The company's investor-relations calendar lists the reporting date, while second-quarter revenue reached USD 28.24 billion and operating margin was 1.00 percent, according to Tesla. Tesla was trading at EUR 344.23 at Lang & Schwarz on October 21, 2026 at 5:36 p.m. CEST.

Revenue has not solved the margin question

Tesla's second-quarter revenue rose from USD 22.39 billion in the first quarter of 2026 to USD 28.24 billion in the second quarter. Net income attributable to common shareholders increased from USD 477.0 million to USD 1.11 billion over the same periods, while diluted earnings per share rose from USD 0.13 to USD 0.32.

Operating profit moved in the opposite direction, falling from USD 941.0 million in the first quarter to USD 398.0 million in the second quarter. The resulting 1.00 percent operating margin gives the October 21 reporting date a clear numerical test: higher revenue must translate into stronger operating profit.

Stock valuation leaves a wide range

On the Nasdaq, Tesla was last trading at USD 386.39 on October 21, 2026 at 11:37 a.m. ET. Its market capitalization was USD 1,526.1 billion, the price-to-earnings ratio was 357.65, and volume had reached 20,984,153 shares.

The 52-week range stood at USD 297.38 to USD 498.83 on the same date. The current Nasdaq price was 22.54 percent above the low and 22.54 percent below the high. The stock's high valuation leaves the upcoming operating figures central to any reading of the results.

Analyst target and reporting date

Jefferies analyst Philippe Houchois raised the Tesla price target from USD 350 to USD 400 on October 12, 2026, while maintaining a Hold rating, as Yahoo Finance reported. The target was 3.52 percent above Tesla's USD 386.39 Nasdaq price at the October 21 quote.

The next dated company event is Tesla's third-quarter results on October 21, 2026. Tesla's investor-relations calendar also lists the second-quarter results on July 22, 2026, providing the prior reported period for comparison.

Price stays below the yearly high

Tesla's euro quote was EUR 344.23 at Lang & Schwarz on October 21, 2026 at 5:36 p.m. CEST. The Nasdaq quote was USD 386.39 at 11:37 a.m. ET on the same date, with the 52-week high at USD 498.83.

The further course of trading is shown by the continuously updated real-time quote of Tesla stock.