Tesla reports record sales, record storage—but profit slips as tax-credit rush pulls demand forward
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Tesla has achieved record sales in vehicle deliveries and energy storage for Q3, showcasing its strong market presence. However, the company faces challenges as profit margins have tightened due to a surge in demand ahead of the expiration of U.S. EV tax credits. This situation could lead to a more difficult demand environment in Q4, making it crucial for Tesla to navigate these changes effectively.
— Curated by the World Pulse Now AI Editorial System