What Wall Street Is Saying After Tesla's Results

Core Insights - Tesla reported an operating profit of approximately $1.6 billion for the third quarter, which represents a 40% decline year-over-year, falling short of Wall Street's expectations of around $1.8 billion [2] - The increase in operating costs outweighed the growth in automotive revenues, despite Tesla selling nearly 500,000 vehicles in the third quarter, marking a 7% increase compared to the previous year [2] - The disappointing earnings report did not significantly alter investor sentiment towards Tesla's stock [2]