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Tesla Shares Stumble 5% After Third Quarter Profit Sinks

forbes | 2025-10-23 14:05 | 256 views

Comments (70)
forbes 2025-10-23 14:06

Tesla shares slid 5% as trading opened Thursday after Elon Musk’s automaker reported sinking profits through its third quarter, despite setting a sales record as a federal tax credit for electric vehicles expired. Read more: [https://go.forbes.com/8KksdX](https://go.forbes.com/8KksdX)

SuperF91EX 2025-10-23 14:23

This was their last chance at a decent quarter for a long time to come.

art-is-t 2025-10-23 14:33

Is that why Elon musk is talking gibberish about robot army? Like each time the company is not doing well, start jerking off investors by talking about random future inventions?

I-Pacer 2025-10-23 14:34

Wow. Now they’re only 230x earnings. This has a LOT further to go.

th3bigfatj 2025-10-23 14:48

the joke is on everyone though - this thing is easily 20x overvalued despite the slide.

Deer_Tea7756 2025-10-23 14:57

To go… up, right? TSLA to 600?

Emmy-Lou-Sugarbean 2025-10-23 15:01

I mean, it's gonna go up by 5% again for no reason. What's the point.

mikefjr1300 2025-10-23 15:02

Don't be silly, its worth at least 10K per share according to some lol.

banditcleaner2 2025-10-23 15:03

Yeah not nearly a good enough beat on a quarter when people were scrambling to buy their cars because the federal credit was going away. Looks like their best try so far is just introducing a worse model 3 for $37,000. Part of me wonders if some people that didn't qualify for the credit but wanted a commuter car might jump on this, which might help their sales in the short term, albeit lose a ton of sales that they might have been getting from the EV credit existing in the first place. I guess we will see in the next earnings report.

Deer_Tea7756 2025-10-23 15:11

10K sure, is that priced in DOGE?

Engunnear 2025-10-23 15:12

Looks like you dropped a zero, there.

[deleted] 2025-10-23 15:17

[deleted]

chrisjdel 2025-10-23 15:29

Wow, this a big story! Tesla stock responds to market forces!!! First time for everything. Until now it's been ... good news, stock goes way up, bad news, stock goes up a lot, horrible news, stock goes up a little.

dtyamada 2025-10-23 15:33

You'll be shocked to learn that is has recovered most of the losses already. Only down around 1.6% rn.

ducationalfall 2025-10-23 15:34

That’s ok. Elon will announced a Tesla factory on Mars using Optimus robots shuttle parts on assembly lines using self driving robotaxi in a robotic slave camp powered by AI using GrokSlave OS. Investors will love it.

Shootels 2025-10-23 15:38

It’s really wild, and the CNBC talking heads just eat it up and pump. Are we talking about the robot that couldn’t serve popcorn for more than a day without being taken offline? Gonna make thousands of those? Definitely worth a trillion to Elon. https://electrek.co/2025/07/23/tesla-teleoperated-robot-fail-serving-popcorn-first-day-new-diner/ I feel like I’m taking crazy pills sometimes.

Resurgo_DK 2025-10-23 15:43

I will never understand how investors keep dumping money hand over fist at Tesla when there’s reams of history showing how Tesla constantly over promises and under delivers.

FC37 2025-10-23 15:45

The head of the project just left for Meta. And he allegedly took a pay cut to go there.

amplaylife 2025-10-23 15:46

More

Shootels 2025-10-23 15:48

Damn I didn’t know that. I think the head over every division has been fired or left at this point. Calls!

Bagafeet 2025-10-23 15:59

It's such a basic fucking car for $37K though. Missing a ton of creature comforts that you'd want in a commuter car.

Fit-Dentist6093 2025-10-23 16:00

It's Tesla, you get promoted until you report to Elon, and then you get fired.

FrogmanKouki 2025-10-23 16:03

And probably green by Friday

FrogmanKouki 2025-10-23 16:05

SMR and his backwards hat

FrogmanKouki 2025-10-23 16:06

Unfortunately I honestly think it's too big now. It should be over 10x lower but I'm not betting it will happen any time soon

slowpoke2018 2025-10-23 16:13

The power of the Meme Stock is stronger than the market it seems

shiroandae 2025-10-23 16:33

Nope, almost back to 0% :)

shiroandae 2025-10-23 16:34

0.5% now, I think they’ll end up in the green. Incredible. 300 PE ratio…

ThrCapTrade 2025-10-23 16:41

Last chance to buy the dip!!

IKnewThisYearsAgo 2025-10-23 16:42

Tesla's index membership is Nasdaq 100, Russell 1000, NASDAQ Composite, Russell 3000, S&P 500, and [Investing.com](http://Investing.com) United States 500. That means it is in any fund that tracks these indexes, as well as a large number of actively managed funds. So it is owned by a huge percentage of the population in 401(k)'s and IRA's, even if they aren't aware of it. Most of us probably own a little sliver, if we looked into it. So that price floor is going to be there for awhile.

Mildenhall1066 2025-10-23 16:44

This company is a ponzie scheme ala WCOM or Enron and it is only down 5%???

androgenius 2025-10-23 16:44

There an old saying that "People don't quit jobs, they quit bosses"

kahner 2025-10-23 16:44

the tulip mania was minuscule on a global level, probably like .01% or less of global GDP, and there was no such thing as a global financial market. if tesla does crash to a reasonable P/E, it'll be dramatic AF. the tech sector, esp AI related bubbly stock, will also tumble.

zedk47 2025-10-23 16:52

Annnnd it's green...

Smaxter84 2025-10-23 17:14

Not really....should be more than 50%....

i99990xe 2025-10-23 17:20

Looks like the market makers are doing an IV crush — drop it first, then pump it. They’re shaking out the longs first, then the shorts — classic double kill by the market makers.

EnigmaSpore 2025-10-23 17:31

always pops the day after the earnings drop. never let them know your next move.

Astral-projekt 2025-10-23 17:37

Tumble? Please, the Ponzi scheme won’t stop

[deleted] 2025-10-23 17:38

... investors average IQ. 5%.

WrongThinkBadSpeak 2025-10-23 18:12

Ketamine bumps

Independent-Mail1493 2025-10-23 18:15

$37k will buy you a Hyundai Sonata or Honda Civic hybrid, both of which are more comfortable and better built than a Tesla.

Independent-Mail1493 2025-10-23 18:16

Or impregnated.

HereWeGo5566 2025-10-23 18:16

I thought company do bad and stock go up? Me confused.

ResidentSpirit4220 2025-10-23 19:04

Stock is up right now…

RocketLabBeatsSpaceX 2025-10-23 19:08

Teslas profit per share has declined 60% since 2022. [That’s not a joke.](https://electrek.co/2025/10/10/the-big-short-investor-on-tesla-tsla-its-a-cult/) Tesla sells pipe dreams. You either believe them, or you don’t.

chrisjdel 2025-10-23 19:20

The entire stock market has become progressively more untethered from reality. The Dow is probably going to keep rising until that one fateful day when the bottom drops out. This is what deregulation and corporate impunity gets you - how many times do we have to ride this roller coaster before we get to climb off?

drillbit56 2025-10-23 20:03

He will next say Optimus robots will be doing surgery by the end of ‘next year’ creating a new trillion dollar market disruption. As a Optimus home cleaning robot owner you will be able to send it to the nearby robosurgery center as a loaner. The Tesla app will handle it all, billing and payments via the ‘everything app over on X’

[deleted] 2025-10-23 20:09

[deleted]

InterviewAdmirable85 2025-10-23 20:55

This did not age well.

FC37 2025-10-23 21:40

Prof G. Markets did a segment on how batshit crazy this whole thing is. It's not just that they lost the director, it's that Musk said a year ago that robots would be 80% of Tesla's enterprise value would come from robots - and now the whole thing is on the shelf. (Starts at 37:50) https://pca.st/episode/4c5e8b6f-2895-4765-ac8a-862dcd2aacab It's actually a really good, skeptical episode on the AI bubble, too. As they've produced more and more content the quality has been a little up and down, but this one brought the heat.

TheSilverSeraph 2025-10-23 22:48

And by a lot too. Up 2.28% for the day, close to a 3 month high. The share price is so disconnected from reality. It has been said so many times, but it is still true.

Creative-Process-504 2025-10-23 22:59

Wtf you talking about its up xD tesla earning didn't matter. It always just goes uo

OrwellWasGenius 2025-10-23 23:23

I’m starting to suspect that the entire US stock market is disconnected from reality. The S&P 500 was at 6,000 during Trump’s inauguration and now it’s at 6,740. Within nine months of Trump’s genius management of the economy, that’s a 12+% increase. Barron's in October: Economy is doing great, stop spreading fear! Apparently, starting a trade war against everyone, including penguins, slapping tariffs on the manufacturing powerhouse of the world, and promising to add another 100% in tariffs does not weaken your economy. The stock just goes uuuup. The Trump administration are master economic strategists. Businesses apparently love uncertainty and the fact that America is a pariah for the world right now. But I’m not American, what the fvck do I know. 🤷‍♂️

chitoatx 2025-10-24 00:51

The Saudis have a lot of money to keep their Twitter Killer afloat.

TheSilverSeraph 2025-10-24 00:53

Totally agree See: [https://www.reddit.com/r/EconomyCharts/comments/1oecnfj/for\_the\_last\_10\_yearsand\_the\_last\_several/](https://www.reddit.com/r/EconomyCharts/comments/1oecnfj/for_the_last_10_yearsand_the_last_several/)

BringBackUsenet 2025-10-24 01:15

Let the death spiral begin!

BringBackUsenet 2025-10-24 01:16

Random science fantasy that will never be invented. At least not by any Musk enterprises.

BringBackUsenet 2025-10-24 01:17

Someone get Cramer to talk shit about it.

BringBackUsenet 2025-10-24 01:20

The Bigger Fool Theory. They are going to ride the wave thinking they'll be able to dump before the others. They don't give a damn about the company.

BringBackUsenet 2025-10-24 01:21

Too much insanity these days. With my luck, I'd get caught in a short squeeze.

BringBackUsenet 2025-10-24 01:22

You mean I could have had my heart cath at home?

iveseensomethings82 2025-10-24 01:59

They sold a lot of cars to beat the tax credit deadline. This momentum will be short lived for them.

ILikeCatsAndSquids 2025-10-24 03:32

It’s a leap to say Telsa is the same thing as the S&P 500. The PE of the S&P isn’t 300, etc.

Stonkz_N_Roll 2025-10-24 04:35

Two things… the US dollar has lost over 10% of its value since Trump took office, so the S&P being “up” 12% it essentially the same as the value remaining flat. As for Tesla, the stock is extremely overpriced, but pension funds need a safe place to store their capital, and Tesla is somehow still considered a safe place. It’s a complete house of cards, and will fall hard when the first fund managers start to reallocate funds

seanmonaghan1968 2025-10-24 06:16

5% isn’t a correction for this stock, 30-40% would be a start

RoadsideCouchCushion 2025-10-24 09:19

Humanoid robots have to be one of the dumbest ways to design a robot. We can design machinery that can move in ways humans cant, but let's make it look and move like a human. Elon will do anything with Tesla right now other than design and build new cars. He is driving the company off a cliff and the stock goes up because rational thought and actual business analysis doesnt matter any more.

Fishbulb2 2025-10-24 11:56

I kinda disagree. They’ll release something. But it’ll be laughable compared to what they promised. Early adopters will get hoses.

Fishbulb2 2025-10-24 11:58

Worked for me! Bought in 2013 sold right before the election.

OrwellWasGenius 2025-10-24 12:12

>the US dollar has lost over 10% of its value since Trump took office Good point. I hadn't considered that. For the S&P 500 to just maintain its value, it would need to rise by the same amount the dollar weakens. The Trump administration has wiped out one tenth of the dollar's value. That the US government is destroying the dollar is simply not headline-making news coming out of America, given everything else, my brain didn't even register it. 🤣 3 years and 3 months to go...

bakcha 2025-10-24 22:30

Fucking crazy

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