2 hours ago

Tesla (TSLA) Stock: Surges 3.41% as Q3 Revenue Hits $28 Billion Despite 56% Profit Drop

TLDR Tesla stock gains 3.41% to $386.47 despite a 56% drop in Q3 operating profit. Tesla Q3 revenue holds near $28B, but operating earnings plunge 56% year over year. Tesla’s cash reserves reach $45.4B after generating $1.5B in free cash flow. Vehicle deliveries slip 2% in Q3 as Tesla faces continued battery supply limits. Tesla [...]

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