Tesla profits drop 43% in Q3
Summary
Tesla released its financial results for the third quarter of 2026, revealing a significant drop in profitability. The company previously reported lower car sales compared to the same period in the previous year, despite beating analyst expectations.
Tesla published its third-quarter 2026 financial results this afternoon. Earlier in October, it reported its sales and deliveries for the three-month period, selling fewer cars than in the same quarter in 2025, yet it still beat analyst projections. Now we can see how those sales translate to the bottom line. Tesla brought in $28 billion in revenue in Q3, almost…
Source: Read the full story at Ars Technica - All content
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