Tesla's Profit Margin Surpasses Expectations
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robotaxi productReuters
•Tesla's third-quarter profit margin beats estimates
77% Informative
Tesla reported a higher-than-expected profit margin for the third quarter .
Shares of the Austin , Texas -based automaker rose 4.8% in trading after the bell.
Tesla slashed prices last year leading to a sharp decline in profit margins.
Earlier this month , Tesla unveiled its robotaxi product and a 20 -seater self-driving van.
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