Tesla’s record sales can’t save its crashing profits
October 23, 2025
Tesla’s latest quarterly report shows the electric-car maker couldn’t benefit from record sales, driven by the prospect of the EV credit abortion in its home country. Despite delivering a record 497,099 vehicles in the third quarter — a 7 percent increase year over year — the company’s net profit tumbled 37 percent to $1.37 billion. […]