Binance Square on Oct. 22 launched the second installment of its U.S. earnings season content, with a focus on Tesla (TSLA) and Meta (META) and their third-quarter results.
Both companies had already reported earnings after the U.S. stock market closed on Oct. 21 Eastern Time. The main question for the market is whether artificial intelligence spending is turning into actual revenue, profit and cash flow.
Tesla: margins remain in focus
For Tesla, third-quarter deliveries reached 486,532 vehicles, above broad analyst expectations. Even so, the profitability of its automotive business remains a central issue, especially auto gross margin excluding regulatory credit revenue.
Investors are also watching the performance of Tesla's energy storage business, commercialization progress for Full Self-Driving (FSD), Robotaxi and the Optimus robot, along with capital expenditures and free cash flow. Those items are expected to shape how the market judges the company's growth outlook.
Meta: ad growth and AI payback
For Meta, the market is focused on ad business growth and returns on AI investment. Investors are watching revenue, ad impressions and changes in average price to assess whether AI recommendation systems and ad tools are improving monetization efficiency.
Meta is also expected to post 2026 capital expenditures of $130 billion to $145 billion. Whether that spending can deliver corresponding growth in profit and cash flow, together with full-year expenses and forward guidance, is another major point in this earnings cycle.
Binance Square to continue coverage
Binance Square said it will continue tracking both companies through earnings previews, post-release analysis and Chinese- and English-language analyst livestreams. Users can follow the related earnings features on Binance Square and join the discussion through #EarningsSeason, sharing views on earnings performance and market moves.