Tesla Q3 2018 Earnings Report: Record Revenue, Turns Profit

Tesla has just released its Q3 2018 earnings and financial reports.

Among the highlights is information on Model 3 production, updates on the Tesla energy network, record global sales and so much more.

Looking Back –

Tesla Posts Q2 2018 Earnings Results

Tesla Q2 Financial Call

Tesla Posts Q1 2018 Results

Tesla Q1 2018 Conference Call Overload

Financial results for the third quarter of 2018 are as follows:

  • Revenue of $6.82 billion
  • Profit of $2.90 per share

Here’s what Wall Street expected, based on a number of estimates of analysts polled by Refinitiv:

  • Losses: 15-19 cents per share
  • Revenue: $6.33 billion

Here’s how it appears in the report:


Financials aren’t really our thing here at InsideEVs though, so let’s move on to what concerns us most.

2018 will surely be a delivery record year for Tesla, now that Model 3 volume and sales are increasing quite rapidly.  In fact, Model 3 sales just set a new all-time record.

The hot topic item in any recent Tesla report is the Model 3. In regards to that, Tesla stated:


Beyond that, Tesla provided an overall update on all three of its vehicles, stating:


A comment was made in regards to Model 3 new orders too:

You’ll find an overload of additional information in the full release from Tesla posted below, as well as new details when the conference call gets underway later this evening:

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