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Vehicle Deliveries, Energy Storage Growth Drive Tesla’s Profit in Q3 2024

The company reported a net profit of $2.5 billion

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U.S.-based electric vehicle and clean energy company Tesla’s revenue for the third quarter (Q3) of 2024 rose 8% year-over-year (YoY) to $25.18 from $23.35 billion on the back of growth in vehicle deliveries and energy generation and storage services.

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