Tesla’s third-quarter earnings were boosted by Cybertruck sales and energy-storage business growth. CEO Elon Musk’s optimistic promises for the company’s future led to a surge in stock price. Musk announced plans for ridesharing services and production of the dedicated robotaxi, Cybercab. Tesla aims to roll out affordable models next year, focusing on autonomous capabilities. Musk also discussed a potential role in a Trump administration and hinted at air taxis. Tesla reported adjusted earnings beating analyst estimates, with increased profitability from higher delivery volumes and sales of regulatory credits. The company is expanding its charging network and deploying more storage products. Musk expects full autonomy in existing vehicles and hinted at air taxis.
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