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.

BusinessEnergy

Tesla Q3 Profits Decline Amid Record Revenue and Tax Credit Rush

Tesla’s third-quarter financial results reveal a significant profit decline of 37% despite achieving record revenue of $28 billion. The electric vehicle maker faced increased costs from tariffs and research investments while benefiting from a last-minute surge in buyers seeking expiring tax credits.

Financial Performance Overview

Tesla has reported a notable divergence in its third-quarter financial results, with profits declining significantly despite reaching record revenue levels, according to the company’s latest earnings report. The electric vehicle manufacturer saw revenue climb to $28 billion for the three months ending September, representing a 12% increase compared to the same period last year and setting a new quarterly record for the company.

BusinessInnovation

Musk Battles “Corporate Terrorists” Over Historic $1 Trillion Compensation Vote

Tesla CEO Elon Musk has labeled prominent proxy advisors “corporate terrorists” as he campaigns for a $1 trillion compensation package. The billionaire claims he needs increased voting control to safely develop Tesla’s Optimus robots and autonomous vehicle technology.

Musk’s Trillion-Dollar Power Play

Elon Musk could become the world’s first trillionaire if Tesla investors approve an unprecedented $1 trillion compensation package on November 6, according to recent earnings call discussions. However, the Tesla CEO insists the massive pay package isn’t about wealth accumulation but rather about securing sufficient voting control to guide the company’s artificial intelligence and robotics development.

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.

BusinessGovernance

Investment Strategist Criticizes Proxy Firms Over Tesla CEO Compensation Vote

ARK Invest CEO Cathie Wood has launched a strong critique against proxy advisory firms recommending shareholders reject Elon Musk’s proposed compensation package. The investment manager argues that index funds’ outsized voting power represents a “broken” system that threatens innovation at companies like Tesla.

High-Stakes Compensation Battle

Investment manager Cathie Wood has publicly criticized proxy advisory firms for their recommendations against Elon Musk’s proposed $1 trillion compensation package at Tesla, according to reports. In social media posts, Wood described the situation as “sad, if not damning” and questioned the influence these firms wield over shareholder voting processes.

Business

Major Earnings Week Ahead: Streaming and Auto Giants Set to Report Quarterly Results

This week brings a packed earnings calendar with major players like Netflix and Tesla reporting quarterly results. Analysts suggest these reports could determine whether the strong start to earnings season continues. Investors are watching for impacts from tariffs, content performance, and regulatory developments.

Earnings Season Momentum Continues

The third-quarter earnings season has reportedly begun with strength, with investors looking to this week’s reports to maintain positive momentum. According to the analysis, more than 80 S&P 500 companies are scheduled to release results, including major names in streaming and automotive sectors. This follows strong quarterly figures from banking giants earlier in the season.