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Tesla (TSLA) Rebounds on Q3 Revenue Beat Amid EV Subsidy Expiry and Rising Competition

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Tesla posted strong Q3 revenue and delivery growth, boosted by expiring US EV subsidies, but rising costs and a cautious outlook on autonomy temper enthusiasm.
  • Competition from GM and Ford grows, pressuring Tesla’s market leadership despite improvements in gross margin and autonomous vehicle ambitions.
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TSLA price history

358.97 -14.41% over the displayed period

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