Tesla reported a decline in profit and revenue in the third quarter, but surprised with cash flow

Tesla reported a significant decline in both profit and revenue for Q3, with a net profit of $787 million, down 44% year-over-year. Despite a slight decrease in revenue to $28.046 billion, the company delivered 486,532 vehicles, a 2% drop from the previous year. Surprisingly, Tesla announced a free cash flow of $1.5 billion, attributed to reduced spending rather than increased profits. CEO Elon Musk hinted at a potential merger with SpaceX, which analysts find financially logical given the current figures. Tesla continues to invest in new technologies and production capacities while Musk has been politically active, supporting various political movements.