List of Flash News about operating expenses
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2025-10-23 00:01 |
Tesla (TSLA) Q3 Revenue Hits Record $28 Billion, Net Income Down 37% as AI R&D Drives 50% Opex Surge
According to @charliebilello, Tesla revenue reached a record 28 billion dollars in Q3, up 12 percent year over year and the fastest growth since Q2 2023, as reported on X and bilello.blog/newsletter. Net income was 1.37 billion dollars, below expectations and down 37 percent from a year ago, per Charlie Bilello on X. The profit decline was driven by lower EV prices and a 50 percent increase in operating expenses tied to AI and other R and D, per Charlie Bilello on X. The cited update did not mention any direct cryptocurrency holdings or impacts, per Charlie Bilello on X. |