CNBC's "Fast Money" Tesla Reports Results… And Coinbase CEO Brian Armstrong On Crypto Legislation 10/22/25
Oct 22, 2025
Phil LeBeau, an automotive reporter for CNBC, dives into Tesla's latest quarterly performance and the competitive landscape of electric vehicles. He analyzes revenue beats, production challenges, and regulatory credit issues. The discussion shifts to Coinbase CEO Brian Armstrong, who shares insights on impending crypto legislation, emphasizing bipartisan support and the necessity of preserving decentralized finance. Armstrong also comments on the impact of the government shutdown on ongoing legislative efforts. Intriguing market analysis wraps up their engaging conversation.
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Tesla: Revenue Up, Margins Under Pressure
- Tesla beat revenue but missed EPS as regulatory credit declines dented profits.
- Free cash flow rose 46% while regulatory credits fell 43%, showing revenue strength but margin pressure.
Don't Chase Tesla On Hype
- Avoid chasing Tesla after its big run; wait for clearer revenue-based progress on other bets.
- Let the market
Autonomy Race Faces Strong Rivals
- Competition in autonomy is intensifying with players like Waymo and GM entering the field.
- Dan notes Tesla's global market share is modest outside the U.S., making growth harder amid rising rivals.