Tesla Inc. reported a profit for the third quarter that was lower than the same period last year and missed Street estimates. Bottom line was $1.373 billion or $0.39 per share, down from $2.173 billion or $0.62 per share last year. Revenue rose 11.6% to $28.095 billion.

Excluding items, adjusted earnings were $1.770 billion or $0.50 per share, falling short of analysts’ expectations of $0.56 per share. Analysts’ estimates usually exclude special items. Tesla Inc. earnings summary (GAAP): Earnings of $1.373 billion, EPS of $0.39, Revenue of $28.095 billion.

Read more at Nasdaq.: Tesla Inc. Q3 Profit Decreases, Misses Estimates