Tesla Q3 Earnings Release: Operating Profit Recovery and Impact of Tariff Refunds
TSLA Tesla Inc
$374.58 -3.08%
View chart & analysis → - 1Tesla recorded Q3 revenue of $28 billion, unchanged from the previous year.
- 2Tesla's Q3 operating profit of $718 million increased from its Q2 operating profit of $398 million.
- 3CEO Elon Musk said Megapack batteries for 2027 are almost sold out.
So what's the key point?
Tesla's Q3 revenue remained the same as last year, but operating profit grew to $718 million. This means profits increased and battery products are almost entirely sold out.
Source The Motley Fool +1 · View original ↗
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