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pulse The Verge October 21, 2026

Flying Roadsters can’t lift Tesla’s flat Q3 revenues

AI Summary

As the smoke clears from its outrageous Roadster demo , Tesla reported Q3 earnings on Wednesday - and the cold reality is that revenue has flatlined. Tesla said it earned $1.7 billion in net income on $28.0 billion in revenue in the quarter that ended in September 2026. Revenues were flat, while profits dropped 4 percent compared to the third quarter of 2025 , when the company earned $1.4 billion in net income on $28.1 billion in revenue.

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