Tesla posts surprise £1.68bn third-quarter profit, up 17.3% from a year ago

(David Zalubowski/AP)

Tesla’s third-quarter net income rose 17.3% compared with a year ago as its electric vehicle sales rose.

The Texas-based company said on Wednesday that it made 2.17 billion dollars (£1.68 billion) from July to September, more than the 1.85 billion dollars it posted in the same period of 2023.