Kathmandu. American electric vehicle maker Tesla’s earnings have fallen sharply.
The company’s net profit fell 37 percent in the third quarter.
As of September, Tesla’s revenue reached $28 billion. This amount is 12 percent more than the same period last year.
The company said the increase was due to heavy purchases made by US customers before the expiration of tax credits.
Tesla’s stock price is down 3.8 percent.
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