Tesla (TSLA) Shares Tumble on Rising Costs Despite Record $28.1B Sales
Tesla reported record $28.1B quarterly sales but shares dropped over 5% due to rising costs and margin pressure from declining regulatory credits and high valuation expectations.
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Recently added · Page 1Tesla (TSLA) Rebounds on Record Q3 Sales Ahead of Tax Credit Expiry Despite Profit Miss
Tesla beat revenue estimates driven by record Q3 EV sales fueled by expiring US tax credit but saw lower-than-expected EPS and margins pressured by cheaper models and fading regulatory credits.
Tesla (TSLA) Revenue Soars on Q3 EV Sales Rush Ahead of U.S. Tax Credit Expiry
Tesla posted record Q3 revenue driven by strong EV sales ahead of a US tax credit expiry, but profit per share missed estimates. Lower-cost models aim to boost volume amid margin pressures and rising…