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Tesla's Stock Soars After Q3 Earnings Beat with $3B Profit
Tesla's Q3 earnings exceeded expectations, reporting a $3 billion profit driven by strong EV demand and efficiency gains.
Tesla reported a surprising $3 billion profit for Q3, surpassing analysts’ expectations. The automaker's revenue surged 15% year on year, driven by increased demand for its electric vehicles in North America and Europe. CEO Elon Musk credited Tesla's innovation in battery technology for driving efficiency improvements.