Tesla reported total revenue of US$28.1-billion for the third quarter ended Sept. 30, compared with analysts’ average estimate of US$26.37-billion.

Tesla Inc. TSLA-Q reported record third-quarter revenue and beat Wall Street estimates on Wednesday, driven by the highest quarterly sales of its electric vehicles as car buyers rushed to lock in a key U.S. tax credit ahead of its expiry last month.

Shares of the company based in Austin, Tex., fell less than 1 per cent in extended trading.

The electric vehicle maker reported total revenue of US$28.1-billion for the third quarter ended Sept. 30, compared with analysts’ average estimate of US$26.37-billion, according to data compiled by LSEG.

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Profit per share i

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