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Tuesday, November 10, 2026
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Tesla Q3: $2.76 Billion R&D Spend Drives 56% Operating Income Drop

While Tesla's automotive gross margin recovered to 18.1%, heavy investments in AI and new vehicle platforms caused operating income to plummet year-over-year.

Yuki Melnyk · Oct 24, 2026
Illustration for: Tesla Q3: $2.76 Billion R&D Spend Drives 56% Operating Income Drop
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