The entertainment company was trading down Wednesday morning, despite posting better-than-expected earnings on Tuesday. The biggest drag could be coming from "concern around ESPN and the decline in subscribers there," says Jason Ware, chief investment officer and chief economist at Albion Financial Group. For the full interview, [click here](https://cheddar.com/videos/disney-beats-the-street-as-black-panther-sends-revenue-soaring).

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Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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