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Tesla reports profit growth due to higher sales and lower costs


Tesla reports profit growth due to higher sales and lower costs

Tesla beat analysts' expectations with its third-quarter results, improving investor sentiment that has lagged since the disappointing launch of the company's robotaxi prototype earlier this month. Tesla reported net income of $2.2 billion in the quarter ended Sept. 30, up 17% from the same quarter last year. Operating income rose 54% to $2.7 billion, with […]