Tesla's profits have declined for two consecutive quarters, but its free cash flow is positive.
2026-10-22 04:40:37
According to CoinMeta, Tesla’s financial report released on Wednesday shows that as the company continues to invest heavily in autonomous vehicles, humanoid robots, and other emerging technologies, its profits have declined year-over-year for the second consecutive quarter. Net profit in the third quarter fell from $1.4 billion in the same period last year to $787 million, a decrease of about 44%. Revenue was $28 billion, roughly the same as in the same period last year. The market expected Tesla’s net profit in the third quarter to be $785 million, with revenue at $27.88 billion. Tesla’s free cash flow in the third quarter was $1.53 billion positive, while the market expectation was -$4.921 billion.
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Source:Jin10 Data
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