2025-10-24 Tesla News

Hello everyone, welcome to the Tesla Daily News, today is October 24, 2025, here are the latest news updates. According to market data, Tesla closed yesterday at $448.98, up 2.3% from the previous close of $438.97. The stock opened at $420.00, hit a high of $449.40, and a low of $413.90. According to Tesla’s Q3 2025 earnings report, the company posted record quarterly revenue of $28.1 billion, a 12% increase year-over-year, driven largely by a surge in EV deliveries at the end of the US tax credit program. However, net profit slid 37% to $1.37 billion, due to rising costs, shrinking margins, and reduced regulatory credits. Adjusted earnings per share came in at $0.50, missing Wall Street’s estimates. According to businessinsider.com and Forbes, during the post-earnings call, Elon Musk defended his proposed $1 trillion pay package, labeling proxy firms opposing it as “corporate terrorists.” Musk said that strong rewards are crucial as Tesla transitions to a world-leading AI and robot