Tesla reports Q3 revenue of $28.0 billion

Tesla said third-quarter revenue was $28.046 billion, roughly flat from a year earlier, while operating income fell 56 percent to $718 million and net income attributable to common stockholders was $787 million, or $0.22 a diluted share. Free cash flow was $1.531 billion after $4.732 billion of capital spending. Automotive revenue fell 3 percent to $20.560 billion and energy revenue fell 16 percent to $2.881 billion, and the company delivered 486,532 vehicles and deployed 13.7 GWh of storage.

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