🔴 Tesla is trading 3.41% down in after-hours trading amid mixed Q3 earnings

Tesla is trading 3.41% down at $373.30 in after-hours trading amid mixed Q3 results; the precise reason for the decline remains unconfirmed.

• Its October 21 report showed Q3 revenue of $28.05 billion, below the $28.34 billion consensus, while EPS slightly beat estimates.
• Automotive gross margin excluding credits reached 18.1%.
• Earlier on October 21, shares closed at $386.47, up 3.41% in regular trading amid coverage of Tesla-SpaceX merger discussions; the after-hours reversal’s cause was not confirmed.