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Tesla’s Operating Profit Falls 56% as Expenses Rise and FSD Subscriptions Grow

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Tesla reported third-quarter operating profit of $718 million, down 56%, as operating expenses rose 39% despite improving automotive margins. Global active paying users of its Full Self-Driving (FSD) system reached 1.74 million, up 67% year over year, with monthly subscribers accounting for more than half. Tesla said it was pursuing broader FSD approval in China and targeting around the second quarter of 2027 for the first private vehicles to join its Robotaxi fleet.

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Latest development10/22 15:14 (UTC+8)
Tesla operating profit falls 56% as research spending rises and FSD subscriptions grow量子位

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10/22
  1. 量子位
    Tesla operating profit falls 56% as research spending rises and FSD subscriptions grow

    Tesla reported a 56% drop in third-quarter operating profit to $718 million as operating expenses rose 39%, despite improving automotive margins. Global active paying FSD users reached 1.74 million, up 67% year over year, with monthly subscribers accounting for more than half. Tesla said it was pursuing broader FSD approval in China and targeting around the second quarter of 2027 for the first private vehicles to join its Robotaxi fleet.

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