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Tesla profits drop 43% in Q3

Tech 1 source 1 country 🔦 Under-reported 13m ago

Tesla reported a 43 percent decline in profits for the third quarter of 2026. The company generated $28 billion in revenue during this period, following earlier reports that indicated a decrease in vehicle sales and deliveries compared to the same quarter in 2025.

Despite the year-over-year decline in both profit and sales volume, Tesla’s performance exceeded analyst projections for the quarter. The financial results provide the final data on how the previously reported delivery figures impacted the company's overall bottom line.

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Read the full story at the source Ars Technica · US ↗
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