Tesla profits plunge nearly 40 percent in third quarter, and it gets worse

5 days ago 2

When compared to the overall terrible year Tesla has experienced, the company actually had a decent third quarter.

However, a decent quarter in 2025 for Tesla still means that the company's profits fell by 37 percent, despite the company's revenue growing by 12 percent in that time.

Elon Musk's EV company reported $28.1 billion in revenue for the third quarter that ended in September. However, the company's operating costs skyrocketed by 50 percent. So, even with a rise in revenue thanks to a spike in sales, Tesla reported just $1.4 billion in profit in Q3 2025.

That's out of $25.2 billion in revenue and down from last year's $2.2 billion in income.

Tesla's woes d...

Source: https://mashable.com/article/tesla-profits-plunge-q3-2025-earnings

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