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Tesla (TSLA) Profit Plunges Amid Tariff Costs and EV Demand Slowdown Despite Record Sales

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The Story

News Summary

  • Tesla's Q3 profits plunged 37% due to higher tariffs, increased costs, and reduced income from regulatory credits despite record revenue; upcoming cheaper Model Y and Model 3 launches face demand and supply risks.
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Stored market data

TSLA price history

365.44 -12.53% over the displayed period

Advisor Snapshot

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