Tesla Q3 Revenue Rises Despite Profit Decline; Bitcoin Holdings Reach $1.3 Billion

Tesla’s third-quarter earnings report revealed a rebound in revenue but missed analyst expectations for profits, leading to a stock decline after hours. CEO Elon Musk campaigned for his proposed $1 trillion compensation package during the call. Meanwhile, Tesla’s Bitcoin holdings have surged to $1.3 billion, driven by price appreciation and updated accounting rules.