EconomyFlying roadsters can’t lift Tesla’s flat Q3 revenue
Tesla reported $28.0 billion in third-quarter revenue, unchanged from a year earlier, and $1.7 billion in net income, down 4 percent. Revenue slightly beat Wall Street’s estimate but fell short of the company’s own forecast. Deliveries had dropped 2.1 percent. Elon Musk said special committees at Tesla and SpaceX were discussing a possible merger, while a flying Roadster prototype demo did little to ease doubts about production by 2028.
Flying roadsters can’t lift Tesla’s flat Q3 revenue
Economy