Tag: Research and development

BusinessManufacturing

Tesla Q3 Profits Slump Despite Revenue Growth as Costs Mount

Tesla reported a significant 37% drop in net income despite achieving its first revenue increase in three quarters. The electric vehicle maker faced pressure from lower vehicle prices and rising operational expenses linked to artificial intelligence projects.

Tesla’s Profitability Challenge

Tesla faced a challenging third quarter as increased costs significantly outweighed revenue growth, according to reports from CNBC’s Daily Open newsletter. Despite achieving a 12% year-over-year revenue increase—marking the company’s first revenue growth in three quarters—net income reportedly plunged 37% from the same period last year.

by Gabriel Novak
BusinessInnovation

Tesla Q3 2025 Vehicle Deliveries Hit Record High But Profits Lag Amid Rising Costs

Tesla achieved record vehicle deliveries in Q3 2025, driven by U.S. federal EV tax credit expiration. However, profits declined significantly despite revenue growth, with operating expenses surging 50% year-over-year. The company faces pressure to maintain momentum amid CEO compensation debates.

Record Deliveries Fail to Boost Tesla’s Bottom Line

Tesla reportedly achieved its highest-ever vehicle delivery numbers during the third quarter of 2025, shipping 497,099 cars globally according to company reports. This surge was largely attributed to customers in the United States rushing to secure expiring federal electric vehicle tax credits. Despite this delivery milestone, sources indicate the company’s profitability continued to struggle, with third-quarter profit remaining 37% lower than the same period last year.

by Aaron Blake