Tesla's Energy Revenue Drops as Tariff Refunds Bite -- WSJ
Dow Jones2026/10/21 21:32By Owen Tucker-Smith
Tesla reported a 16% drop in energy generation and storage revenue for the third quarter from a year ago. It said the decrease was in part due to tariff-related refunds to consumers.
In its report, Tesla said that demand for the energy storage business remained strong and that the company anticipates data-center demand to create more need for its energy products. Tesla started production last quarter at Megafactory Texas, a new battery-production facility.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 21, 2026 17:32 ET (21:32 GMT)
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