Tesla Q3 Earnings Reveal 37% Profit Drop Despite Revenue Growth
Tesla reported a significant 37% decline in third-quarter profits despite revenue growth, according to financial reports. The electric vehicle maker faced soaring operating costs and relied on one-time sales boosts from expiring tax credits.
Financial Performance Overview
Tesla’s third-quarter financial results revealed a complex picture of the company’s current standing, with profits reportedly plunging nearly 40% despite revenue growth. According to the analysis of Q3 2025 earnings, the electric vehicle manufacturer generated $28.1 billion in revenue for the quarter ending in September, representing a 12% increase from previous periods. However, sources indicate the company’s profits fell to $1.4 billion, down 37% from the $2.2 billion reported during the same period last year.