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Revenue increased 8% in the quarter from $23.35 billion a year earlier. Net income rose to about $2.17 billion, or 62 cents a share, from $1.85 billion, or 53 cents a share, a year ago.
Tesla’s third-quarter net income rose 17.3% compared with a year ago on stronger electric vehicle sales, and an optimistic CEO Elon Musk predicted 20% to 30% sales growth next year. In its ...
With profits slated to rebound only somewhat this year, however, that is a bold call. Just two weeks ago Tesla shares hit a record $488, giving it a market cap greater than the entire auto ...
Tesla sold about 1.79 million cars in 2024, it said Thursday, down slightly from last year's record 1.8 million sales and its first-ever year-over-year decrease since becoming a major player.
Revenue came in slightly below analysts' expectations at $25.18 billion for the quarter, an 8% year-over-year increase. Tesla's gross margin, which is closely watched by Wall Street, rose to 19.8%.
Tesla, Inc. (/ ˈ t ɛ s l ə / TESS-lə or / ˈ t ɛ z l ə / TEZ-lə [a]) is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.
The Austin, Texas, maker of electric vehicles, solar panels and batteries on Wednesday reported net income of $1.85 billion for the July-September quarter, a 44% decline from a year earlier.
Tesla reported revenue of $25.18 billion, which was lower than the $25.4 billion expected per Bloomberg consensus but higher than the $25.05 billion it reported in Q2 and also topped the $23.4 ...