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Tesla earnings: Operating profit down 56%, FSD contracts up 67% to 1.74 million; Musk says 'We discussed everything yesterday' regarding SpaceX merger

Tesla earnings: Operating profit down 56%, FSD contracts up 67% to 1.74 million; Musk says 'We discussed everything yesterday' regarding SpaceX merger
AI summary
Editorial policyUpdated on DevPick:

Tesla's Q3 earnings showed revenue flat year-over-year at $28 billion and net income down 43%, while FSD contracts grew 67% to 1.74 million.

Key points

  • •Q3 revenue was flat year-over-year at $28 billion, and net income decreased by 43% to $780 million.
  • •Active FSD contracts increased by 67% to 1.74 million, and robotaxis using the Cybercab began operating.
  • •Regarding the SpaceX merger, Musk avoided new comments, stating, 'We discussed everything yesterday.'
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#Major Players#AI Companies & Funding#Tesla#SpaceX#FSD

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