Tesla profit plunges in latest quarter - The Economic Times Tesla's recent financial results reveal a significant downturn, with revenue dropping 12% and profits slumping 16% in the last quarter, marking the third consecutive quarter of profit decline This downturn is attributed to the perception of Elon Musk and increasing competition from rivals like BYD and Volkswagen
Tesla Profits Plummet - Newsweek The tech company reports its third quarter of declining profits in a row, amid the ongoing backlash against Elon Musk's foray into politics