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flag Tesla's Q3 profits dropped despite record sales due to lower margins and higher costs, missing expectations and spiking stock decline.

flag Tesla's third-quarter profits fell sharply despite record vehicle sales, missing analyst expectations. flag The company reported declining earnings even as it sold more cars, citing lower margins and increased costs. flag 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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