{"id":20579,"date":"2025-10-23T07:37:18","date_gmt":"2025-10-23T05:37:18","guid":{"rendered":"https:\/\/costops.com\/index.php\/2025\/10\/23\/tesla-reports-steep-drop-in-profits-despite-us-rush-to-buy-electric-vehicles\/"},"modified":"2025-10-23T07:37:18","modified_gmt":"2025-10-23T05:37:18","slug":"tesla-reports-steep-drop-in-profits-despite-us-rush-to-buy-electric-vehicles","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2025\/10\/23\/tesla-reports-steep-drop-in-profits-despite-us-rush-to-buy-electric-vehicles\/","title":{"rendered":"Tesla reports steep drop in profits despite US rush to buy electric vehicles"},"content":{"rendered":"

Carmaker exceeded Wall Street\u2019s expectations with more than $26bn in revenue, but saw a 37% drop in profits<\/p>\n

Despite record vehicle sales, Tesla saw a precipitous drop in profit in its most recent quarter.<\/p>\n

A rush to buy electric vehicles before a US tax credit for them disappears had boosted Tesla\u2019s flagging sales, leading to the automaker exceeding some of Wall Street\u2019s projections in its most recent financial quarter. Yet the company failed to meet earnings expectations and its stock fell in after-hours trading.<\/p>\n

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\nCarmaker exceeded Wall Street\u2019s expectations with more than $26bn in revenue, but saw a 37% drop in profits
\nDespite record vehicle sales, Tesla saw a precipitous drop in profit in its most recent quarter.
\nA rush to buy electric vehicles before a US tax credit for them disappears had boosted Tesla\u2019s flagging sales, leading to the automaker exceeding some of Wall Street\u2019s projections in its most recent financial quarter. Yet the company failed to meet earnings expectations and its stock fell in after-hours trading. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Carmaker exceeded Wall Street\u2019s expectations with more than $26bn in revenue, but saw a 37% drop in profits Despite record vehicle sales, Tesla saw a precipitous drop in profit in its most recent quarter. A rush to buy electric vehicles before a US tax credit for them disappears had boosted Tesla\u2019s flagging sales, leading to …<\/p>\n

Tesla reports steep drop in profits despite US rush to buy electric vehicles<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":20580,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/20579"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=20579"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/20579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/20580"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=20579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=20579"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=20579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}