Tesla Exceeds Q3 Revenue Expectations Despite Lower Earnings

Reported about 10 hours ago

Tesla reported mixed results for Q3, with adjusted earnings falling short of estimates at $0.50 per share, compared to the forecast of $0.54. However, the company's revenue surpassed expectations, coming in at $28.1 billion, exceeding the anticipated $26.36 billion. As investors await insights from CEO Elon Musk regarding future developments in robotaxis and autonomous robotics, the stock saw a slight decline of 1.3% following the earnings announcement.

Source: YAHOO

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