- Tesla posted its financial results for the third quarter of on Wednesday afternoon.
- Tesla is still profitable but its margins are shrinking and its expenses are rising.
- It also delivered fewer cars than in Q and will need to find homes for nearly half a million more EVs by the end of the year if it s to keep to its target of million cars in Tesla brought in billion in total revenue for Q a percent increase year over year But gross profits are down percent year overyear with net income decreasing percent despite Tesla selling more than electric vehicles in Q than Q.
29 with Tesla posted its financial results for the third quarter of 2023 on Wednesday afternoon. Its not been the best three months for the companyTesla is still profitable, but its margins are sh [+2411 chars]