The 2022 Commonwealth Games gold medallist Kiplangat broke away on his own with about 4 km (2.5 miles) to go, crossing the finish line with an advantage of 19 seconds.
An exhausted Gebresilase was then overtaken by Teferi, a silver medallist at last year's European Athletics Championships, in the last 200 metres.
Defending champion Tamirat Tola, who was part of a three-man breakaway with Kiplangat and Gebresilase before fading, did not finish the race and dropped out after 39 km.
A pack of about 30 runners then slowed the pace and took control of it, before Kiplangat, Gebresilase and Tola made their move with 10 km to go.
The women's marathon took place on Saturday, with Ethiopia's Amane Beriso claiming gold.
Persons:
Victor Kiplangat, Kiplangat, Leul, Gebresilase, Tamirat Tola, Ser, Tola, Ethiopia's Amane, Aadi Nair, William Mallard
Organizations:
Commonwealth Games, Teferi, Thomson
Locations:
BUDAPEST, Israel, Budapest, Mongolia, Bengaluru