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Tesla CDR (CAD Hedged)
Symbol TSLA
Shares Issued 26,900,000
Close 2026-10-02 C$ 32.03
Market Cap C$ 861,607,000
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Globe/wire say Tesla enjoys Q3 rebound in car sales

2026-10-05 06:53 ET - In the News

The Globe and Mail reports in its Saturday edition that Tesla is on course to end two straight years of falling sales after its third-quarter deliveries beat Wall Street estimates on Friday, with a rebound in Europe giving the carmaker a way back to growth without U.S. electric-vehicle tax incentives. A Reuters dispatch to The Globe says shares of the Austin, Tex., company, which have lost about a fifth of their value so far this year, rose more than 5 per cent in early trading. The figures suggest Tesla's core car business may be regaining momentum even as investors increasingly look past quarterly deliveries to chief executive officer Elon Musk's push into artificial intelligence, robotaxis and humanoid robots. The EV maker's $1.4-trillion (U.S.) valuation depends heavily on those long-term ambitions, even though vehicle sales are still its largest source of revenue. Morningstar analyst Seth Goldstein said full self-driving is a differentiator that drives consumers to choose Tesla over other cars. Analysts have raised their full-year forecasts and are now expecting 1.82 million deliveries in 2026, up from 1.65 million in the June consensus. Tesla reports its third quarter results on Oct. 21 after markets close.

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