Tesla reported third-quarter revenue of about $28 billion, down less than 1% from a year earlier, and net income of $787 million, down 43%. Both figures missed analyst expectations. Capital expenditures rose to $4.7 billion, more than double the year-earlier level but below the $7.8 billion forecast cited in the report. Earlier detailed reporting put revenue at $28.05 billion and adjusted earnings at $0.48 per share; those figures use different reporting detail and, for earnings, a different measure than net income. Investors are increasingly weighing Tesla’s AI, autonomous-driving and energy ambitions alongside its vehicle business. The company has begun initial production of its Optimus humanoid robot, started production of the Tesla Semi and launched robotaxi service in Austin, Texas. Tesla also reported its largest vehicle-order backlog in four years, citing limited battery availability, and said it had made further progress on its battery supply chain. Tesla shares rose 1.7% in after-hours trading. Musk said Tesla and SpaceX had formed special committees to consider a merger, adding that he was not allowed to participate in the talks but thought a deal was a good idea.