Tesla (TSLA) trades at $374.21 on October 20, 2026 (Investing.com), up 1.67% on the day and down 16.32% over one year. Tesla reports third-quarter 2026 earnings after the market close on October 21, 2026. The company delivered 486,532 vehicles in the third quarter, above analyst estimates, and showed its redesigned Roadster on October 1, 2026.
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Tesla Q3 2026 Deliveries and Earnings Preview
What Affects Tesla Stock Price
Tesla delivered 486,532 vehicles in the third quarter of 2026, including 478,237 Model 3 and Model Y units, and produced 464,391 vehicles. Deliveries exceeded production by 22,141 vehicles, and Tesla deployed 13.7 GWh of energy storage. Tesla reported the figures on October 2, 2026, and the stock rose about 2% on the day.
Tesla reports third-quarter earnings after the market close on Wednesday, October 21, 2026, with a webcast at 5:30 p.m. Eastern Time. Tesla's own consensus compilation, published on October 19, 2026, shows average revenue near $28.34 billion, an average gross margin of 17.9%, average non-GAAP EPS of $0.45, and average GAAP EPS of $0.23. Margin recovery is the key question for the print.
| Metric | Q3 2026 | Context |
|---|---|---|
| Total deliveries | 486,532 | Above analyst estimates (Oct 2, 2026) |
| Model 3 and Model Y deliveries | 478,237 | 98.3% of total deliveries |
| Total production | 464,391 | 22,141 below deliveries |
| Energy storage deployed | 13.7 GWh | Reported Oct 2, 2026 |
| Consensus revenue (Oct 19) | $28.34 billion | Tesla-compiled average |
| Consensus gross margin (Oct 19) | 17.9% | Tesla-compiled average |
| Consensus EPS (Oct 19) | $0.45 non-GAAP / $0.23 GAAP | Tesla-compiled averages |
Tesla reported Q2 2026 results on July 22, 2026. Revenue of $28.2 billion beat the $25.99 billion forecast, but adjusted EPS of $0.33 missed the $0.52 estimate and the gross margin of 16.8% missed the 19.4% estimate. Free cash flow was negative $1.09 billion against a forecast of negative $3.64 billion, and active FSD (Full Self-Driving) subscriptions reached 1.48 million.
| Metric | Q2 2026 Result | vs Estimate | Signal |
|---|---|---|---|
| Revenue | $28.2 billion | Beat: forecast $25.99 billion | Positive |
| Adjusted EPS | $0.33 | Miss: estimate $0.52 | Negative |
| Gross margin | 16.8% | Miss: estimate 19.4% | Negative |
| Free cash flow | -$1.09 billion | Beat: forecast -$3.64 billion | Positive |
| Active FSD subscriptions | 1.48 million | Beat: forecast 1.40 million | Positive |
TSLA closed at $382.70 on October 9, 2026, fell 2.13% to $354.72 on October 16 in a broad technology sell-off, and rose to $368.06 on October 19. TSLA trades at $374.21 on October 20, 2026, which is 25% below the 52-week high of $498.83. The Investing.com chart shows a 2026 high near $446 in late May and a low near $304 in late July.
Investing.com: Tesla Inc price chart, $374.21 (October 20, 2026)
| Date | Price | Change | Basis |
|---|---|---|---|
| October 9, 2026 | $382.70 | +2.05% | Close; intraday range $379.71-$388.56 |
| October 16, 2026 | $354.72 | -2.13% | Close; Nasdaq Composite fell 2.15%; intraday range $349.33-$370.50 |
| October 19, 2026 | $368.06 | +3.8% | Close, per LongForecast |
| October 20, 2026 | $374.21 | +1.67% | Investing.com, intraday |
LongForecast projects $336 at the December 2026 close, -10.2% from the current price, inside a fourth-quarter range of $309-$414. The Q3 earnings report on October 21 is the nearest catalyst and can move the stock outside this range. The table shows LongForecast projections for October to December 2026, not actual prices.
| Month | Opening price | Min-Max price | Closing price | Change, % |
|---|---|---|---|---|
| October 2026 | $355 | $326-$413 | $358 | +0.8% |
| November 2026 | $358 | $320-$414 | $348 | -2.8% |
| December 2026 | $348 | $309-$363 | $336 | -3.4% |
Analysts forecast a higher price than the current $374.21, but the most recent consensus dates from July 28, 2026. The mean price target stood at $402.24 across 47 analysts on that date, with 23 Buy or Strong Buy ratings, 19 Hold ratings, and 4 Sell ratings. Dan Ives of Wedbush Securities held a $600 target with a Buy rating, Bank of America held $460 with a Buy rating, and Morgan Stanley held $400 with an Equal Weight rating.
LongForecast projects TSLA at $509 at the December 2027 close, inside a $302-$550 annual range. The 2027 monthly closes run from $328 to $509. Cybercab scale-up, the Q4 2026 and 2027 margin trend, and the response to NHTSA's questions are the main execution factors for 2027.
| Month | Opening price | Min-Max price | Closing price | Change, % |
|---|---|---|---|---|
| January 2027 | $336 | $336-$417 | $386 | +14.9% |
| February 2027 | $386 | $302-$386 | $328 | -15.0% |
| March 2027 | $328 | $325-$381 | $353 | +7.6% |
| April 2027 | $353 | $333-$391 | $362 | +2.5% |
| May 2027 | $362 | $338-$396 | $367 | +1.4% |
| June 2027 | $367 | $343-$403 | $373 | +1.6% |
| July 2027 | $373 | $347-$407 | $377 | +1.1% |
| August 2027 | $377 | $362-$426 | $394 | +4.5% |
| September 2027 | $394 | $368-$432 | $400 | +1.5% |
| October 2027 | $400 | $369-$433 | $401 | +0.2% |
| November 2027 | $401 | $401-$498 | $461 | +15.0% |
| December 2027 | $461 | $461-$550 | $509 | +10.4% |
LongForecast projects a $455-$786 range for TSLA in 2028, with a December 2028 close of $619 (+65.4% from the current price). Tesla has said Roadster production starts in 2028, which adds a low-volume, high-price product to the lineup. Treat the 2028 figures as scenario guides, not precise targets.
| Month | Opening price | Min-Max price | Closing price | Change, % |
|---|---|---|---|---|
| January 2028 | $509 | $471-$553 | $512 | +0.6% |
| February 2028 | $512 | $487-$571 | $529 | +3.3% |
| March 2028 | $529 | $529-$657 | $608 | +14.9% |
| April 2028 | $608 | $584-$686 | $635 | +4.4% |
| May 2028 | $635 | $535-$635 | $582 | -8.3% |
| June 2028 | $582 | $455-$582 | $495 | -14.9% |
| July 2028 | $495 | $456-$536 | $496 | +0.2% |
| August 2028 | $496 | $496-$616 | $570 | +14.9% |
| September 2028 | $570 | $570-$708 | $656 | +15.1% |
| October 2028 | $656 | $582-$684 | $633 | -3.5% |
| November 2028 | $633 | $633-$786 | $728 | +15.0% |
| December 2028 | $728 | $569-$728 | $619 | -15.0% |
LongForecast projects a $492-$742 range for TSLA in 2029, with a December 2029 close of $615 (+64.3% from the current price). The path assumes continued growth in autonomy and energy revenue. No named analyst publishes a month-by-month forecast for 2029.
| Month | Opening price | Min-Max price | Closing price | Change, % |
|---|---|---|---|---|
| January 2029 | $619 | $549-$645 | $597 | -3.6% |
| February 2029 | $597 | $597-$742 | $687 | +15.1% |
| March 2029 | $687 | $537-$687 | $584 | -15.0% |
| April 2029 | $584 | $579-$679 | $629 | +7.7% |
| May 2029 | $629 | $593-$697 | $645 | +2.5% |
| June 2029 | $645 | $562-$660 | $611 | -5.3% |
| July 2029 | $611 | $525-$617 | $571 | -6.5% |
| August 2029 | $571 | $502-$590 | $546 | -4.4% |
| September 2029 | $546 | $525-$617 | $571 | +4.6% |
| October 2029 | $571 | $495-$581 | $538 | -5.8% |
| November 2029 | $538 | $492-$578 | $535 | -0.6% |
| December 2029 | $535 | $535-$664 | $615 | +15.0% |
LongForecast projects a $510-$793 range for TSLA in 2030 through November, with a November 2030 close of $708 (+89.2% from the current price). Bull scenarios depend on Cybercab at scale, Optimus humanoid robot revenue, and AI platform monetization. Bear scenarios depend on margin compression, Chinese EV competition, and a regulatory setback.
| Month | Opening price | Min-Max price | Closing price | Change, % |
|---|---|---|---|---|
| January 2030 | $615 | $615-$732 | $678 | +10.2% |
| February 2030 | $678 | $627-$737 | $682 | +0.6% |
| March 2030 | $682 | $545-$682 | $592 | -13.2% |
| April 2030 | $592 | $592-$735 | $681 | +15.0% |
| May 2030 | $681 | $655-$769 | $712 | +4.6% |
| June 2030 | $712 | $600-$712 | $652 | -8.4% |
| July 2030 | $652 | $510-$652 | $554 | -15.0% |
| August 2030 | $554 | $511-$599 | $555 | +0.2% |
| September 2030 | $555 | $555-$689 | $638 | +15.0% |
| October 2030 | $638 | $638-$793 | $734 | +15.0% |
| November 2030 | $734 | $651-$765 | $708 | -3.5% |
| Year | Monthly range | Monthly closes | Year-end close | Change vs current |
|---|---|---|---|---|
| 2026 (Oct-Dec) | $309-$414 | $336-$358 | $336 | -10.2% |
| 2027 | $302-$550 | $328-$509 | $509 | +36.0% |
| 2028 | $455-$786 | $495-$728 | $619 | +65.4% |
| 2029 | $492-$742 | $535-$687 | $615 | +64.3% |
| 2030 (Jan-Nov) | $510-$793 | $554-$734 | $708 | +89.2% |
TSLA opened 2025 at approximately $379, fell to a yearly low of $221.86 in March, then staged a comeback, closing the year at $449.72 after an intraday all-time high of $498.83 in December.
| Month | Price Range | Monthly Change |
|---|---|---|
| January 2025 | $326-$426 | -11% |
| February 2025 | $279-$384 | -14% |
| March 2025 | $222-$300 | -16% |
| April 2025 | $222-$284 | +5% |
| May 2025 | $250-$310 | +8% |
| June 2025 | $273-$340 | +12% |
| July 2025 | $310-$390 | +15% |
| August 2025 | $350-$430 | +9% |
| September 2025 | $295-$445 | +8% |
| October 2025 | $413-$470 | +2% |
| November 2025 | $370-$470 | -4% |
| December 2025 | $420-$498.83 | +11% |
Investing.com's Monthly technical summary for TSLA reads Neutral on October 20, 2026. Moving Averages read Buy (8 buy / 2 sell), while Technical Indicators read Strong Sell (3 buy / 6 sell). The Weekly, Daily, 5 Hours, Hourly, and 30 Min timeframes all read Strong Buy, which signals a short-term rebound inside an unconfirmed longer-term trend.
| Timeframe | Signal (Oct 20, 2026) | Notes |
|---|---|---|
| Monthly | Neutral (MA: Buy, 8 buy / 2 sell; Indicators: Strong Sell, 3 buy / 6 sell) | Mixed long-term structure |
| Weekly | Strong Buy | Rebound |
| Daily | Strong Buy | Rebound |
| 5 Hours | Strong Buy | Rebound |
| Hourly | Strong Buy | Rebound |
| 30 Min | Strong Buy | Rebound |
The October trading range defines the near-term levels for TSLA. Resistance sits at $388.56, the October 9 intraday high, and at about $446, the late-May 2026 high. Support sits at $349.33, the October 16 intraday low, and near $304, the late-July low. A close above $388.56 would extend the rebound, while a close below $349.33 would reopen the July low.
| Level type | Price | Basis | Change vs $374.21 |
|---|---|---|---|
| Resistance | $498.83 | 52-week high (December 2025) | +33.3% |
| Resistance | About $446 | 2026 high (late May, chart-read) | +19.2% |
| Resistance | $388.56 | October 9 intraday high | +3.8% |
| Support | $349.33 | October 16 intraday low | -6.6% |
| Support | About $304 | 2026 low (late July, chart-read) | -18.8% |
| Support | $297.38 | 52-week low | -20.5% |
Performance across horizons (Investing.com, October 20, 2026):
Earnings Reports and Delivery Numbers: Q3 2026 deliveries of 486,532 beat estimates, and the October 21 earnings report will show whether the gross margin recovers from 16.8% in Q2.
Autonomous Driving and Robotaxi Progress: Tesla says more than 300 Cybercabs serve Austin as of October 10, 2026, and NHTSA is investigating the Cybercab, with Tesla's answers to 21 questions due October 30.
Optimus Humanoid Robot: A genuine commercial milestone would be a significant positive catalyst, and Tesla has not reported Optimus revenue.
EV Market Competition: Chinese manufacturers, particularly BYD, continue to intensify competition for Tesla.
Elon Musk, Leadership and Public Perception: Musk's public statements influence sentiment, and merger speculation involving SpaceX has circulated ahead of the Q3 earnings report.
Regulatory Environment: Autonomous vehicle regulation is a direct factor in the Cybercab timeline. Tesla renamed FSD (Supervised) to Tesla Assisted Driving in Europe on October 8, 2026, and an EU-wide approval vote has been pushed to at least December.
Macroeconomic Conditions: Interest rates and consumer sentiment affect demand for premium-priced vehicles, and the Nasdaq Composite fell 2.15% on October 16, 2026.
Product Pipeline: Tesla showed its redesigned Roadster on October 1, 2026, with production planned for 2028 and reservation deposits of $50,000 for Performance and $250,000 for Thrust.
Tesla stock trades at $374.21 on October 20, 2026, 25% below its 52-week high of $498.83 and 26% above the 52-week low of $297.38. Q3 deliveries of 486,532 beat estimates, and the Q3 earnings report on October 21 is the next major catalyst. The Monthly technical signal reads Neutral, while shorter timeframes read Strong Buy.
The bull case rests on the Cybercab service that already operates in Austin, the energy storage business (13.7 GWh deployed in Q3), and the eventual scaling of Optimus. The bear case rests on margin pressure (Q2 gross margin of 16.8%), Chinese competition, and the NHTSA Cybercab investigation. LongForecast projects $336 for December 2026 and $708 for November 2030, but the model is an extrapolation and not a consensus.
This article is for informational purposes only and does not constitute financial advice. Tesla stock carries significant risk and past price performance is not indicative of future results. Always conduct your own research or consult a qualified financial advisor before making investment decisions.
What is the outlook for Tesla stock?
TSLA trades at $374.21 on October 20, 2026, ahead of Q3 earnings on October 21. Analysts held a mean target of $402.24 on July 28, 2026. LongForecast projects $336 at the December 2026 close. Earnings, Cybercab scale-up, and the NHTSA response due October 30 are the key catalysts.
What is Tesla's current technical setup?
Investing.com's Monthly summary for TSLA reads Neutral on October 20, 2026, with Moving Averages at Buy (8 buy / 2 sell) and Technical Indicators at Strong Sell (3 buy / 6 sell). The Daily and Weekly timeframes read Strong Buy. Key support is $349.33 and resistance is $388.56.
Will Tesla stock go up?
Analysts held a mean target of $402.24 on July 28, 2026, which is 7.5% above the current $374.21. LongForecast projects $336 for December 2026 and $509 for December 2027. Q3 earnings on October 21 can move the stock either way.
What will Tesla stock be worth in 2030?
LongForecast projects TSLA at $708 in November 2030, +89.2% from $374.21, inside a $510-$793 range. The model extrapolates past prices and is not a consensus. Bull cases rely on Cybercab and Optimus at scale.
What happened with the Cybercab launch?
Tesla says more than 300 Cybercabs serve Austin as of October 10, 2026, up eightfold in 30 days. NHTSA is investigating the vehicle and extended Tesla's deadline to October 30 to answer 21 questions about steering wheel-less certification and scaling plans.
What drove Tesla's decline earlier in 2026?
Tesla's Q2 2026 report on July 22 showed adjusted EPS of $0.33 against a $0.52 estimate and a gross margin of 16.8% against a 19.4% estimate. TSLA fell to a low near $304 in late July. The stock trades at $374.21 on October 20.
Data last updated: October 20, 2026.
All forecasts in this article are for informational purposes only and do not constitute financial advice.
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