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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 ...
Tesla's third-quarter profit margin from vehicle sales, excluding regulatory credits, grew to 17.05% from 14.6% in the prior three-month period, according to Reuters calculations.
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 ...
Soaring Model 3 sales and a strong gross margin for the vehicle helped the electric-car maker report another profit and strengthen its balance sheet.
As the graphic below illustrates, thanks to a significant and deliberate reduction in production costs to an average of $34,544 per car in Q3, Tesla's per-vehicle gross profit improved from $8,269 ...
Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history. The profit was nearly ...
Tesla delivered a quarterly profit that beat Wall Street's expectations as it reported its earnings on Wednesday. The electric carmaker reported earnings per share of $0.62 — a big beat over ...
Tesla said it earned net income of $104 million from April to June, or $0.50 per share, marking the first time the company has posted a profit for four straight quarters, a condition for it to be ...