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Tesla CEO Elon Musk said demand for the company's electric vehicles is significantly outpacing production, pointing to growing interest in Full Self-Driving technology as the automaker prepares to expand its Cybercab service to Dallas next month.

Musk touted what he described as a "very strong" third quarter during Tesla's earnings call, saying the company is ramping up production to meet growing demand.

"Demand is growing rapidly for our vehicles. It's exceeding our production by a significant margin," Musk said. "The biggest driver for demand is full self-driving, and today there's really no competitor for FSD in any car that you can buy."

Tesla reported $28.05 billion in third-quarter revenue, while deliveries totaled 486,532 vehicles.

ELON MUSK SAYS TESLA-SPACEX MERGER WOULD BE 'A GOOD IDEA' AS COMPANIES FORM SPECIAL COMMITTEES

Musk said the results could signal a period of significant growth for the automaker following years of slower expansion.

"In a nutshell, after many years of sort of grind and things being fairly flat, I think we're now headed for a lot of fun and significant growth," Musk said.

Musk also outlined plans to expand Tesla's manufacturing capacity, with a goal of producing approximately 5 million vehicles annually by 2030.

As part of its expansion, Tesla plans to launch its Cybercab service in Dallas next month as it looks to bring the technology to additional cities.

ELON MUSK SAYS HE WILL RETALIATE AGAINST DEMOCRATS WHO INVESTIGATE HIM

"I don't think there's any company in the world that can match our scale with autonomous vehicles," Musk said. "It really is an extremely fast week-over-week growth in autonomous miles."

A Tesla executive also said the company aims to begin delivering Cybercabs to customers by the end of 2026, although Musk emphasized that most would remain in Tesla's fleet rather than being sold to individual buyers.

"Cybercab is primarily going to be something that is offered as, like, transport as a service," Musk said.

Tesla Chief Financial Officer Vaibhav Taneja also said the company was raising its capital expenditure guidance to approximately $20 billion for 2026. Taneja said Tesla ended the quarter with more than $1.5 billion in positive free cash flow and over $45 billion in cash and investments.

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Musk also said during the call that Tesla was working to expand Full Self-Driving into additional international markets, with the company seeking EU-wide approval.

"We're hoping for an EU-wide approval," he said. "It's hard to predict, but maybe, you know, within a few months."

Earlier this week, Musk said that merging his two companies, Tesla and SpaceX, would be "a good idea," adding that both companies have formed special committees of independent directors to explore a potential deal.

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Musk was asked again about the potential merger on Wednesday.

"I think I said everything that should be said yesterday," Musk responded. "Tap dancing through a minefield there."

Prime Minister Mark Carney said the Trump tariffs make both US and Canadian industries weaker and reduce choice for households in both countries.

1. U.S. pulls diplomats from Saudi Arabia as it reportedly readies Iran strikes after midterms  CNBC
2. U.S. troops and diplomats evacuating Middle East posts, sources say  NBC News
3. Trump orders diplomats to leave Middle East amid fears US could strike Houthis  The Independent
4. US pulls personnel from Saudi Arabia as kingdom comes under Houthi fire  Fox News
5. US orders departure of some embassy staff and families from Saudi Arabia amid Houthi threat  CNN

1. EXCLUSIVE: Musk’s public endorsement of SpaceX-Tesla deal may throw a wrench in talks  Reuters
2. SpaceX and Tesla Are Joined at the Hip. A Merger Would Make It Formal.  WSJ
3. How a merged SpaceX-Tesla might navigate its China problem  Reuters
4. Tesla and SpaceX: Why does Elon Musk want to merge the companies?  BBC
5. Musk Tries to Lock In His Tesla-SpaceX Dream Before Trump’s Exit  Bloomberg.com

1. Judge rules against DHS's policy of knocking on doors to track down possible noncitizen voters  CBS News
2. Armed federal agents knock on doors looking for noncitizen voters  Yahoo
3. Judge Restricts D.H.S. Field Operations Aimed at Unearthing Voter Fraud  The New York Times
4. Judge curbs Trump administration’s hunt for noncitizen voters in some states, citing flawed data  CNN
5. Federal agents are going door-to-door asking about immigration and voter status  The Independent

Starbucks says it is improving customers' in-store experience as it competes with homegrown rivals.

Starbucks says it is improving customers' in-store experience as it competes with homegrown rivals.

1. As Ohio attack ad draws bipartisan heat, Vivek Ramaswamy doubles down  The Washington Post
2. Vance praises Ramaswamy for having 'audacity' to run controversial Amy Acton ad  ABC News - Breaking News, Latest News and Videos
3. ‘Stop whining’: Vance tells Republicans to back Vivek Ramaswamy amid ad controversy  The Times of India
4. Ohio Secretary of State reviewing complaints over ad featuring Dr. Amy Acton’s mother  WSYX
5. Exclusive: Ramaswamy doubles down on explosive ad featuring rival's mother, despite backlash  Axios

1. BioWare closed by EA after 30 years of influential, genre-defining games  The Washington Post
2. Electronic Arts to Shed 400 Jobs, Shut Down BioWare to Cut Costs  Bloomberg.com
3. Next Mass Effect game cancelled as EA shuts down legendary sci-fi RPG studio BioWare  Space
4. Mass layoffs rock California gaming giant as boss’ memo released  Yahoo Finance
5. BioWare Update  BioWare Blog

After historic coverage gains under the Biden administration, key policy changes have driven the uninsured rate up to 11.2% in 2026.

Some believe that getting AI to feel pain would prevent existential risk from AI. Either way, the question is does AI have pain? An AI Insider analysis and scoop.

AI uncovered long-hidden programming flaws, triggering a rare global cyber-security response.

1. California state workers stage one-day strike over contract disputes  KCRA
2. California state workers begin 1-day strike over return-to-office mandate, pay and healthcare  AP News
3. California’s Largest State Employee Union Holds 1-Day Strike  KQED
4. Thousands of California public employees begin strike over contract  The Guardian
5. California state workers say strike follows ‘a lot of bad deals’ with state  Sacramento Bee

1. 2026 Midterm Elections: Trump, Democrats Campaign  Fox News
2. Trump campaigns for Sen. Darline Graham in South Carolina  NBC News
3. Fists fly in S.C. as Trump tries to rally unenthusiastic voters behind Darline Graham  MS NOW
4. Clashes darken rally in South Carolina as Trump seeks to boost Darline Graham  The Seattle Times
5. Trump rallies for Darline Graham in South Carolina’s US Senate race  AP News

1. Tests show Pope Leo XIV won’t need further treatment for lung cancer, Vatican says  AP News
2. Pope Needs No Further Treatment for Lung Cancer, Doctors Say  The New York Times
3. Pope’s surgeon: No clinical reason to cancel visit to South America  Vatican News
4. Pope Leo takes to popemobile for first time since cancer surgery  Reuters
5. Pope Leo needs no further lung cancer treatment, Vatican says  CNN

1. Farmers, Health Care and Highways: 5 Takeaways from the Kansas Senate Debate  The New York Times
2. Roger Marshall and Adam Hamilton face off in fiery final Kansas Senate debate  NBC News
3. As Kansas Senate race tightens, Marshall argues opponent is just another Democrat, while Hamilton says he's "independent-minded"  CBS News
4. 5 Things to Know About Senator Roger Marshall of Kansas  The New York Times
5. Fact Check: Marshall and Hamilton debate in race for Kansas seat in U.S. Senate  Kansas City Star

1. Trump dominates El-Sayed's attacks against Rogers, but GOP rival offers unexpected policy split  Fox News
2. MAGA Bingo and Questions of Loyalty: 5 Michigan Senate Debate Takeaways  The New York Times
3. Senate debate takeaways: 'MAGA bingo,' Social Security fix, 9/11 benefits  The Detroit News
4. Fights over loyalty to America, party and Trump dominate Michigan and Kansas Senate debates  CNN
5. The lingering tension from 2024 that could cost Democrats the Michigan Senate race  The Boston Globe

1. Angel Reese Makes History as Dream Beat Valkyries in WNBA Finals Game 3, Box Score Stats, Highlights  Bleacher Report
2. Angel Reese keeps Dream rolling with Game 3 win over Valkyries in WNBA Finals  ESPN
3. Dream reportedly sell out 17,000-seat NBA arena ahead of Game 3 of WNBA Finals  Yahoo Sports
4. Valkyries Fans Soar to Atlanta for WNBA Playoffs  KQED
5. How State Farm Arena will shift from Atlanta Dream to Hawks to concerts  The Atlanta Journal-Constitution

1. Angel Reese keeps Dream rolling with Game 3 win over Valkyries in WNBA Finals  ESPN
2. ‘I’m just calling it as I see it’: Fox analyst puts Angel Reese in conversation with A’ja Wilson  Yahoo Sports
3. Atlanta’s dream of a WNBA title might be coming soon. A guardian Angel leads the way  CNN
4. Angel Reese Makes History as Dream Beat Valkyries in WNBA Finals Game 3, Box Score Stats, Highlights  Bleacher Report
5. ‘The haters just have no idea what to do’: Sports world reacts to Angel Reese’s WNBA Finals dominance  Yahoo Sports

The full results from the Oct. 21 episode of AEW Dynamite, featuring the in-ring debut of Ilja Dragunov and Will Ospreay in action.