Tesla’s Q3 2024 earnings report was published at the close of markets today. The EV company reported $25.18 billion in revenue for the quarter, which narrowly misses the $25.4 billion expectation. Tesla earned $0.62 per-share, beating the expectation of $0.58.

Tesla (TSLA) reported mixed third quarter results after the bell on Wednesday, but the stock jumped in after-hours trading as investors cheered the earnings beat, higher gross margins, and news that Tesla's cheaper EV is on track for production next year.

Tesla shares saw an 8% jump after reporting 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.