Tesla's record revenue tops forecasts as tax credit expiry drives US EV sales

By Yahoo! Finance   |   1 month ago
Tesla's record revenue tops forecasts as tax credit expiry drives US EV sales

Tesla reported a record third-quarter revenue driven by high EV sales before the U.S. tax credit expiry. The company did not provide a full-year forecast but emphasized long-term growth. Despite a drop in shares, Tesla's revenue exceeded estimates, with a gross margin of 18%.

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