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Tesla's Q3 profits dropped despite record sales due to lower margins and higher costs, missing expectations and spiking stock decline.
Tesla's third-quarter profits fell sharply despite record vehicle sales, missing analyst expectations.
The company reported declining earnings even as it sold more cars, citing lower margins and increased costs.
The results triggered a drop in Tesla's stock price, highlighting ongoing challenges in maintaining profitability amid rising competition and aggressive pricing strategies.
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Las ganancias del tercer trimestre de Tesla cayeron a pesar de ventas récord debido a márgenes más bajos y costos más altos, expectativas perdidas y caída de las acciones.