Tesla reported its financial results for the third quarter of 2025 this afternoon. Earlier this month, we learned that the electric vehicle manufacturer had a pretty good Q3 in terms of sales, which grew by 7.3 percent year over year and cleared out tens of thousands of cars from inventory in the process. However, that hasn’t translated into greater profitability.
Even though revenues grew by 12 percent to $28 billion compared to the same period last year, Tesla’s operating expenses grew by 50 percent. As a result, its operating margin halved to just 5.8 percent. And so its profit for the quarter fell by 37 percent to $1.4 billion.
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