Tesla's third-quarter 2025 financial report released, revenue hit a record high but net profit fell short of expectations

Tesla's third-quarter 2025 financial report showed that the company's revenue reached $28.1 billion, a 12% year-on-year increase, setting a record high. However, net profit was $1.77 billion, a 29% year-on-year decline, falling short of analysts' expectations. Tesla's automotive business revenue grew 6% to $21.2 billion in the third quarter, driven by record vehicle sales. However, the automotive business's gross margin was 15.4%, below the average expectation of 15.6%.