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Tesla Q3 profit drops 43% as operating expenses rise and regulatory credits fall
2026-10-22•SiTech AI Team

Tesla Q3 profit drops 43% as operating expenses rise and regulatory credits fall

Tesla reported $28 billion in Q3 revenue, nearly flat year over year, while net profit fell 43% to $787 million. Automotive revenue declined 3% and energy revenue dropped 16%. Operating expenses rose 39%.