Tesla's Cybertruck was the third best-selling electric vehicle in the United States in the third quarter, beating out every other EV not made by Tesla.

The only EVs that sold better in the third quarter were other Tesla vehicles, according to Cox Automotive estimates.

With shares falling and profits shrinking, Tesla Inc. is increasingly looking like the odd one out among its mega-cap technology peers. Investors worry that quarterly results will make the electric-vehicle maker even more of an outlier.

Tesla's (TSLA) third quarter earnings results are due out later today, reporting after Wednesday's market close. The first of the Magnificent Seven tech names to report this earnings season, it is likely to be the only company in that group to report declining profits.

Less than a year after the first deliveries, Tesla's Cybertruck turned a profit.

On the heels of its highly anticipated but ultimately disappointing robotaxi event, Tesla published its third quarter earnings report, in which it said it would launch a “more affordable” electric vehicle in the first half of 2025.

Teslas Cybertruck has become profitable for the first time, marking a huge leap in the electric vehicle market. As production ramps up, the Cybertrucks first positive gross margin signals Teslas

Tesla slashed prices last year leading to a sharp decline in profit margins. This spring, it shifted its strategy to offering cheaper financing options and discounts that analysts have said could slow its margin bleed over the coming quarters.