Tesla’s operating income drops 40% despite record deliveries and revenue in Q3 2025
With record global vehicle deliveries and record energy storage deployments, total revenue rose 12% to a record USD 28.1 billion. Automotive revenue rose 6.0% to USD 21.2 billion.
However, net income fell 37% in Q3 from a year earlier to USD 1.37 billion even revenue rose sharply due to U.S. buyers rushing to get exp
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