Tesla profit plunges 43% as revenue stalls, robotaxi pivot looms

nordkurier.de (German) —

Tesla reported a 43% year-over-year drop in third-quarter profit to $1.37 billion, while revenue stagnated at $28.05 billion. CEO Elon Musk confirmed discussions about a potential merger with SpaceX the day before the results. The profit decline follows a pullback after US President Donald Trump ended a $7,500 EV tax credit in late September 2025, which had boosted deliveries by 7.4% in the prior year's quarter. Tesla's third-quarter deliveries fell this year, though revenue beat analyst expectations and shares rose 1.6% in after-hours trading. Musk aims to shift Tesla toward self-driving robotaxis and humanoid robots, but the company still relies primarily on car sales for revenue.


With a significance score of 2, this news ranks in the top 26% of today's 32668 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: