Tesla beat Q3 revenue estimates with record deliveries but missed profit expectations due to tariff costs and lower regulatory credits.

Tesla posted record quarterly revenue but its profit came in below Wall Street's expectations. The stock fell 4% after hours during the analyst call.

Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply

Tesla’s earnings missed analysts’ estimates, however, after recording earnings per share of $0.50 in the third quarter, below projections of $0.56. A bump in revenues comes after Tesla reported quarterly deliveries of just over 497,