Home > Business > Tesla shares fall 4% in Europe after profit miss

Tesla shares fall 4% in Europe after profit miss

Written By: TDG Syndication
Last Updated: October 23, 2025 11:54:18 IST

(Reuters) -Tesla's shares fell nearly 4% in early Frankfurt trading on Thursday, after the company's quarterly profit missed Wall Street expectations due to tariff and research costs, as well as a drop in income from regulatory credits. Revenues however beat estimates, driven by the highest quarterly sales of its electric vehicles, as U.S. buyers rushed to lock in a key tax credit ahead of its expiry last month. The stock is down around 10% in Frankfurt so far in 2025, compared with a 8.7% rise in New York. (Reporting by Danilo Masoni; Editing by Amanda Cooper)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Latest News

The Daily Guardian is India’s fastest
growing News channel and enjoy highest
viewership and highest time spent amongst
educated urban Indians.

Follow Us

© Copyright ITV Network Ltd 2025. All right reserved.

The Daily Guardian is India’s fastest growing News channel and enjoy highest viewership and highest time spent amongst educated urban Indians.

© Copyright ITV Network Ltd 2025. All right reserved.