Tesla's capital expenditure for the third quarter was $4.73 billion, lower than Wall Street's expectation of $7.95 billion. Tesla's adjusted earnings per share for the third quarter were 48 cents, higher than market expectations of 44 cents. Tesla is advancing a potential merger with SpaceX, and a special committee has been established to evaluate the transaction. Tasha Kini, Director of Investment Analysis at Ark Investment, stated that Robotaxi is Tesla's future core track, and Cybercab has operational cost advantages. Karobaar Capital's Chief Investment Officer Harris Kurshid stated that Tesla's future valuation is highly tied to the Robotaxi and Optimus humanoid robot businesses, and the reasons for changes in capital expenditures need to be confirmed.
