Reported about 1 month ago
Tesla's stock experienced a remarkable surge of nearly 22% after the company announced its third-quarter earnings, surpassing adjusted earnings per share expectations and revealing improved gross margins. Despite slightly missing delivery expectations, CEO Elon Musk projected a possible 20%-30% growth in vehicle volume for next year. The announcement generated significant investor excitement, marking the stock's best performance since 2013 and boosting the company’s market valuation by tens of billions.
Source: YAHOO