Tesla posts $2.17 billion third-quarter profit, up 17.3% from 2023
DETROIT, Michigan: Tesla posted a surprising US$2.17 billion profit for the third quarter, up 17.3 percent from the same period last year, thanks to stronger electric vehicle sales.
This marks Tesla's first year-over-year profit increase in 2024, a year that had previously seen falling sales and prices. The automaker's revenue for the quarter rose 7.8 percent to $25.18 billion, although it fell short of Wall St