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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 ...
Data source: Tesla Inc. Chart by author. ... Only this time, profits are growing with it. One good quarter isn't a trend, of course. But all trends do start with that first good quarter.
Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations.The stock popped 10.7% in premarket trading. Revenue increased 8% ...
The following six graphs offer an illustration of Tesla's progress in key areas. JP Morgan analysts said they were not certain about the quality of the gross margin beat in the third quarter, though.
The stock soared 22% in a single day on Thursday, its best one-day performance in years as it overcame tepid sales growth in its automotive division to post strong profit growth. Operating income ...
Tesla's second-quarter net income fell 45% compared with a year ago as the company's global electric vehicle sales tumbled despite price cuts and low-interest financing. The Austin, Texas, company ...
Tesla's operating margin, which represents how efficiently sales are turned into pretax profits, fell to 9.6% in the April-June quarter, down significantly from 14.6% a year earlier.
Tesla beat profit estimates for the third quarter, sending the stock up over 12% after hours. Elon Musk discussed FSD, Cybercab, and more on a call.