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Tesla Q3 Earnings Disappoint As Net Profit Plunges 44% To $787 Million, Elon Musk-Led Electric Vehicle Maker Reports Flat Revenue Of $28 Billion

Tesla Q3 Earnings Disappoint As Net Profit Plunges 44% To $787 Million, Elon Musk-Led Electric Vehicle Maker Reports Flat Revenue Of $28 Billion
Photo: Free Press Journal · view original

Mumbai: Elon Musk -led electric vehicle manufacturer Tesla reported a sharp 44 per cent year-on-year decline in net profit for the third quarter of 2026, even as the company's cash flow improved significantly. The Texas-based automaker posted a net income of $787 million, while quarterly revenue...

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