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

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 -
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(Reuters) – Tesla Inc’s <TSLA.O> 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 (£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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