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Tuesday 29 Oct 2019 , 2:42 pm

Tesla’s US Third-Quarter Sales Drop

Tesla Inc's third-quarter revenue fell 39% in the United States, a regulatory filing showed on Tuesday.
By SIN Bureau
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Tesla Inc's third-quarter revenue fell 39% in the United States, a regulatory filing showed on Tuesday.

Sales in the country, the electric car maker’s biggest market, fell to $3.13 billion from $5.13 billion, a year earlier.


Earlier this month, Tesla said its revenue fell nearly 8% to $6.30 billion for the quarter ended Sept. 30, missing analysts’ estimate of $6.33 billion, according to IBES data from Refinitiv.

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Meeta develops credible content about various markets based on deep research, opinions from experts and inputs from industry leaders. As the managing editor at Smart Market News, she assures that every piece of news and article adds to the knowledge of decision makers. An avid bike rider, Meeta, is a postgraduate from Indian Institute of Journalism and New Media (IIJNM) Bangalore, where her specialization was Business Journalism. She carries experience from mainstream print media including The Times Group and Sakal Media Group.

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