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Euronews
Euronews
AP with Doloresz Katanich

Tesla profits fall despite higher sales, hitting share price

Tesla Inc. Elon Musk United States

Tesla reported that its third-quarter earnings plunged 37% to $1.4 billion (€1.18bn), from $2.2bn (€1.9bn) a year earlier — despite a rise in revenues.

That marked the fourth quarter in a row that profit dropped at Elon Musk's car company.

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