Tesla’s Third-Quarter Profit Falls 43% as Costs Rise
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Tesla’s Q3 2026 net profit fell 43% year over year to $787 million on $28 billion in revenue. Automotive revenue declined 3% to $20.6 billion and energy revenue dropped 16% to $2.9 billion, while operating expenses rose 39% to $4.8 billion and the operating margin narrowed to 2.6%.
Continue in the app — vote & join in ➔Source: Ars Technica · via ahirlevel.hu