Tesla’s Q3 2026 earnings, released October 21, provided the key catalyst for share-price momentum into the week of October 26. Adjusted EPS of 48 cents beat consensus by 5 cents while revenue of $28.05 billion edged past estimates, supported by 75 percent FSD attach rates in North America and growth in services revenue. Automotive gross margins excluding credits improved to 18.1 percent despite a 3 percent year-over-year revenue decline, while management trimmed 2026 capex guidance to $20 billion and highlighted expanding Robotaxi operations and a record vehicle backlog. These results lifted TSLA to intraday highs near $411 amid elevated trading volume, with traders now focused on November Cybercab rollout milestones and any updates on autonomy regulatory progress as the next potential drivers of price action.