Tesla Q3 2026 net profit falls 43% to $787 million despite flat revenue
Tesla reported Q3 2026 revenue of roughly $28 billion, nearly unchanged from a year earlier, as automotive revenue dipped 3% and solar/storage revenue dropped 16% to $2.9 billion. Services revenue grew a third to $4.6 billion, but operating expenses jumped 39% to $4.8 billion, pushing operating margin down to 2.6% from 5.8% a year earlier, with net profit falling 43% to $787 million.