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Tesla Energy Revenue Falls 16% After Tariff Refunds

Tesla's energy generation and storage revenue dropped 16% year on year to $2.88 billion in the third quarter of 2026, despite a 10% rise in battery deployments, with the company blaming tariff-related customer refunds for part of the decline.

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Tesla's energy generation and storage revenue dropped 16% year on year to $2.88 billion in the third quarter of 2026, despite a 10% rise in battery deployments, with the company blaming tariff-related customer refunds for part of the decline.