Tesla profits plunge 43% as its regulatory credit lifeline dries up
Tesla profits drop 43% in Q3
Tesla's Q3 2026 net profit fell 43% to $787 million on flat $28 billion revenue. Automotive revenue slipped 3%, and the once-growing energy storage and solar business shrank 16%. Regulatory credit sales collapsed to $113 million from $417 million a year earlier, while operating expenses jumped 39% and capital expenditures doubled, cutting the operating margin to 2.6%.
Tesla can no longer rely on selling regulatory credits to other automakers: these fell to $113 million this quarter, down from $417 million in Q3 2025.
- free_bip
When the CEO of the company starts ranting and raving about "sentient cars", it's time to look somewhere else for your purchase.
- otterley
If it weren't for its CEO, they'd have at least one more customer.
- alexgoodhart
While SpaceX's exceed expectations. Books cooked to justify merge
- Mobius01
Tesla could have been so much more with an adult at the helm.
- dzonga
will tesla exist in 15 years ?
will the never ending musk promises around his cars - level 4 autonomous driving etc bear fruit ?
can't even talk about the roadster