Tesla Q3 revenue beats expectations

Tesla Q3 revenue beats expectations

Business

American electric vehicle manufacturer Tesla recorded $28.1 billion (€24.2 billion) in revenue in the third quarter.

This represents a 12 percent increase compared to the same period last year and exceeded analysts’ expectations, CE Report quotes STA.

Despite the record revenue, Tesla’s profit fell by 37 percent to $1.37 billion (€1.1 billion).

Foto: dpa/STA

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