Tesla Revenue Beats Estimates as Deliveries Rebound
Tesla beat Wall Street estimates for third-quarter revenue as vehicle deliveries rebounded and its energy storage unit grew. The supplied report says AI and robotaxi spending weighed on profit.
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08:07:53 PM UTC
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Tesla 3Q Rev $28.04B
08:10:19 PM UTC
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Musk's Tesla revenue beats estimates as deliveries rebound, energy storage grows
Tesla, led by Elon Musk, exceeded Wall Street’s third-quarter revenue estimates on Wednesday. A recovery in vehicle deliveries and expansion of its energy storage business boosted sales, while heavy investment in AI and robotaxis weighed on profit. The Austin, Texas-based automaker reported revenue of…