Tesla shares jump in third-quarter earnings even as expected revenue is lower

Tesla shares jump in third-quarter earnings even as expected revenue is lower

23 days ago
Anonymous $Uu1e96lHBL

https://www.theguardian.com/technology/2024/oct/23/tesla-quarterly-earnings-report-musk

After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share

Tesla shares saw a 12% jump after the company reported its third-quarter earnings on Wednesday. The electric-car manufacturer was able to bounce back from a tough second quarter, beating Wall Street expectations for earnings per share. The company reported an earnings-per-share of $0.72, surpassing investors’ projection of $0.60.

Tesla shares jump in third-quarter earnings even as expected revenue is lower

Thu Oct 24, 8:28am UTC
https://www.theguardian.com/technology/2024/oct/23/tesla-quarterly-earnings-report-musk > After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share > Tesla shares saw a 12% jump after the company reported its third-quarter earnings on Wednesday. The electric-car manufacturer was able to bounce back from a tough second quarter, beating Wall Street expectations for earnings per share. The company reported an earnings-per-share of $0.72, surpassing investors’ projection of $0.60.