特斯拉三季度利润下滑

Core Insights - Tesla reported Q3 2025 revenue of $28.1 billion, a 12% year-over-year increase, surpassing the expected $26.36 billion [1] - Adjusted net profit for Q3 was $1.77 billion, a 29% decline year-over-year, following a 23% decline in Q2 [1] - The company is facing a "revenue growth without profit increase" issue, attributed to declining automotive profit margins and continued investment in R&D for future growth [1] Financial Performance - Q3 revenue reached $28.1 billion, exceeding the forecast of $26.36 billion, marking a 12% increase compared to the previous year [1] - Adjusted net profit for Q3 was $1.77 billion, reflecting a 29% decrease year-over-year [1] - Gross margin for Q3 was 18%, higher than the expected 17.2%, but down from 20% in the same period last year [1] Business Developments - Tesla is advancing its humanoid robot project, Optimus, with production line installation expected to be completed by the end of 2026, targeting an annual production capacity of 1 million units [1] - The company continues to focus on the development of autonomous driving Robotaxi, electric vehicles, and energy storage solutions [1]