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Tesla Q3 Highlights: Record EV Deliveries, Falling Profits, AI Ambitions Ahead
Benzinga
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3 months ago
Tesla posted $28.1B in Q3 revenue, up 12% year-over-year and above estimates, though EPS missed at $0.50. Growth came from energy and services, while Tesla reaffirmed long-term goals tied to AI and upcoming products.
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00:00
It's Benzinga, bringing Wall Street to Main Street.
00:30
Tesla landed in the corner with $41.6 billion in cash and $1.315 billion in digital assets, primarily Bitcoin.
00:37
The company reaffirmed its long-term growth outlook, setting advances in AI and upcoming products like the CyberCab, Tesla Semi, and Megapack 3.
00:45
For all things money, visit Benzinga.com.
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