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Tesla posts surprise $2.17 billion third-quarter profit
Tesla posts surprise $2.17 billion third-quarter profit, up 17.3% from 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. The strong performance changed the trajectory of the year for the Austin,
Tesla Shares Jump 22% After Robust Profit Increases
The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.
Tesla Reports Higher Profit in Third Quarter
The surprise increase was the first since the electric-car maker’s earnings began to slide earlier this year as it turned to deep price cuts and other sales promotions to stimulate sales.
4h
on MSN
Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead
Tesla currently generates around 79% of its revenue by selling passenger electric vehicles (EVs), but Ark released a set of ...
3d
Tesla earnings recap: Stock jumps 12% after hours as company reports big quarterly profit beat
Tesla beat profit estimates for the third quarter, sending the stock up over 12% after hours. Elon Musk discussed FSD, ...
3d
Tesla makes $2.2 billion in profit during Q3 2024
After two not-great quarters, Tesla had a stronger Q3 2024, with growth in services, regulatory credits, and energy.
3d
on MSN
Tesla Delivers Robust Q3 Earnings As Musk’s Firm Returns To Profit Growth—Stock Rockets 12%
Tesla delivered stronger third-quarter profits than Wall Street expected Wednesday, as Elon Musk’s electric vehicle maker ...
2d
on MSN
A More Profitable Tesla Is Still a Pricey Ride
A surprise lift in automotive margins reversed the damage from the Robotaxi fallout, but the company’s valuation is now far ...
abp LIVE
2d
Tesla Q3 Results: Profit Rises 17% On Strong Sales; Projects 30% Growth For 2025
Tesla's strong Q3 results mark a turnaround which had experienced declines in both sales and profits during the first half of ...
3d
Tesla snaps streak of profit misses with the biggest beat in more than 2 years
It's no wonder Tesla's stock is acting like investor were pretty surprised that profit beat expectations, since it was the ...
2d
on MSN
These Stocks Are Moving the Most Today: Tesla, Capri, Western Digital, Spirit Airlines, Deckers, Centene, and More
Stock futures posted gains Friday after the S&P 500 snapped a three-session losing streak.These stocks were poised to make ...
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