Opening company research…
Loading the company model, latest SEC filing and business assumptions.
Signal Ledger LabTesla
TSLASIGNAL LEDGER VALUATIONManagement sets no usable targets, so each business is built from cited consensus, company plans and peers, plus 4 judgment calls of our own (Discount rate (cost of equity) 9.0%; Robotaxi & FSD: FY2030 revenue $150.0B; Optimus: FY2030 revenue (new business) $100.0B; Energy generation and storage: FY2030 revenue $60.0B). Every business valued at FY2030 and discounted back; every input and call cited on the full report.
Research updated 2026-10-23 00:35:32 UTCBUY below $257.46WATCHSELL above $482.74
Price viewWATCH
Buy below · 80% of FV$257.46
Sell above · 150% of FV$482.74
BUY below 80% of FV · WATCH from 80% to 150% · SELL above 150%. Thresholds use unrounded fair values.
REPORTED FIGURES / LATEST SEC FILING
What TSLA reported, business by business.
SEC 10-Q ↗ · quarter ended 2026-09-30 · filed 2026-10-22 · checked 2026-10-29 01:22 UTC; an earnings release published before the 10-Q or 10-K is not included.
- Reported revenue
- $28.046B
- Reported net income
- $0.787B
- Reported diluted EPS
- $0.22
RECONCILED Business rows reconcile to SEC revenue from the same filing and reporting period. Unverified segment profits remain blank.
Non-overlapping reported revenue lines, 2026-07-01 to 2026-09-30. Reported results; the valuation above uses the dated research assumptions.
| Business | Revenue | Share of revenue | Operating profit | Margin |
|---|---|---|---|---|
| Automotive | $20.56B | 73.3% | — | — |
| Energy generation and storage | $2.881B | 10.3% | — | — |
| Services and other | $4.605B | 16.4% | — | — |
| Consolidated revenue | $28.046B | 100% | — |
View reported source cells
Accession 0001628280-26-066775
Automotive
Consolidated Statements of Operations (in millions, except per share data) Consolidated Statements of Operations (in millions, except per share data) (unaudited) Three Months Ended September 30, Nine Months Ended September 30, 2026 2025 2026 2025 Total automotive revenues 20,560; Total revenues 28,046
Energy generation and storage
Consolidated Statements of Operations (in millions, except per share data) Consolidated Statements of Operations (in millions, except per share data) (unaudited) Three Months Ended September 30, Nine Months Ended September 30, 2026 2025 2026 2025 Energy generation and storage 2,881; Total revenues 28,046
Services and other
Consolidated Statements of Operations (in millions, except per share data) Consolidated Statements of Operations (in millions, except per share data) (unaudited) Three Months Ended September 30, Nine Months Ended September 30, 2026 2025 2026 2025 Services and other 4,605; Total revenues 28,046
THE COMPANY
What does Tesla do?
Automotive, energy and autonomy platform with probability-weighted optionality
Businesses: Automotive · Energy · FSD · Robotaxi · Optimus · Other
EVIDENCE
Follow every input to its source
Read the full valuation for each business, the assumptions behind it and the cited evidence.