Tesla Q3 operating profit falls 56%; paid FSD users reach 1.74 million; Robotaxi cumulative unsupervised miles near 2 million

Tesla's latest earnings report shows Q3 operating profit of $718 million, down 56% year over year, with operating margin falling to 2.6%; after-hours trading fell as much as 4.5%, wiping out over $68 billion in value. Over the same period, overall gross profit rose 9% year over year, and automotive gross margin recovered to 18.5%.