Part 7/15:
Tesla’s services and other revenue, driven by a globally expanding fleet of over 7 million vehicles, continues its steady rise. This segment includes sales of used vehicles, non-warranty repairs, body and parts services, supercharging, Tesla Insurance, and retail merchandise.
Q3 saw continued growth in all these areas, reaffirming Tesla’s resilience and increasing market penetration. As the company expands into new regions and services, this segment is expected to remain a reliable source of income, further supporting Tesla’s overall valuation.