Tesla's profits plunge despite record revenue and deliveries

EngadgetThursday, October 23, 2025 at 1:30:04 PM
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Tesla's profits plunge despite record revenue and deliveries
Tesla has reported a significant drop in profits despite achieving record revenue and deliveries, raising concerns among investors. This decline highlights the challenges the company faces in maintaining profitability amidst rising costs and increased competition in the electric vehicle market. Understanding these dynamics is crucial for stakeholders as they navigate the future of Tesla and the broader automotive industry.
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