Tesla filing shows U.S. third-quarter sales dropped 39%

FILE PHOTO: A driver steers a Tesla Model S at the Nuerburgring race track, in the western German low mountain range of the Eifel near Adenau, Germany October 15, 2019. REUTERS/Stefan Baldauf - Copyright STRINGER(Reuters)

By Reuters

Published on 29/10/2019 - 15:34•Updated 20/04/2024 - 03:05

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(Reuters) - Tesla Inc's <TSLA.O> third-quarter revenue fell 39% in the United States, a regulatory filing showed https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459019038256/tsla-10q_20190930.htm on Tuesday.

Sales in the country, the electric car maker's biggest market, fell to $3.13 billion (£2.44 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.

(Reporting by Vibhuti Sharma and Indranil Sarkar in Bengaluru; Editing by Shinjini Ganguli)

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