Tesla (TSLA) Stock: Tax Credit Rush Drives Record Sales But Profit Disappoints Wall Street

TLDR Tesla’s Q3 profit missed Wall Street expectations at $0.50 EPS versus $0.54 expected, though revenue beat estimates at $28.01 billion Operating profit dropped 40% year-over-year to $1.624 billion, hurt by lower regulatory credit revenue and $400 million in tariff costs The company delivered a record 497,099 vehicles in Q3, surpassing estimates as buyers rushed [...]

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