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Tesla tops revenue forecasts as AI spending puts pressure on profit

First reported by CNBC at · Updated · 2 sources

Tesla's earnings exceeded expectations even as automotive revenue fell, according to CNBC. The New York Post reported that vehicle deliveries rebounded but AI spending weighed on profit. The results also come as Wall Street considers the possibility of a merger between Tesla and SpaceX, the Post reported.

Covered by 2 publishers within 5 hours of the first report.

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CNBC Tesla beats on earnings and sales even as auto revenue declines
New York Post Tesla revenue beats estimates as deliveries rebound — but AI spending weighs on profit · Reuters