Tesla delivers strong Q3, shares jump. Here's how the EV-maker did it
CEO Elon Musk offered upbeat outlook for next year on strength of more affordable models Tesla has yet to identify for investors, would-be customers.
Tesla's Q3 Earnings Beat Expectations; Shares Gain
Musk also underlined the continuous development of Tesla's Full Self-Driving technologies. This article first appeared on GuruFocus.
Tesla’s shares jump after strong earnings and bullish forecast
Tesla’s shares rose 12 per cent in after-hours trading, providing some relief to investors — they are half their November 2021 peak. It is still the most valuable global carmaker at $669bn. Adjusted net income for the third quarter rose 8 per cent from a year ago to $2.
Tesla Inc. Q3 Profit Increases, Beats Estimates
Tesla Inc. (TSLA) reported earnings for its third quarter that increased from the same period last year and beat the Street
Tesla Stock Leaps After EV Maker Reports Surprisingly Strong Earnings
Shares in Tesla (TSLA) jumped after the electric-car maker reported a surprise increase in net income, on stronger revenue. Some of the key numbers from Wednesday's report: Net income was $2.2 billion for the July-to-September period,
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 first beat in five quarters. And the margin of the Q3 beat, with the results (72 cents) being 22% above expectations (59 cents),
Tesla Stock Soars on Earnings
Tesla’s earnings beat Wall Street’s estimates for the third quarter. Shares are soaring in after-hours trading. The electric vehicle company reported 72 cents a share in earnings, up 9% year over year and better than the 60 cents that analysts expected.
Mercedes car earnings plunge 64% in Q3 on weak luxury demand in China
(Reuters) -German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by ...
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The Best-selling Hybrid Car In Q3 2024
The best-selling hybrid car of Q3 2024 taps into its impressive combination of performance and fuel economy to surpass the ...
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The keys to GM’s Q3 success: Cheaper cars, lower rates and EV sales
The automaker's stock is creeping back up to pandemic highs. But can GM compete with Chinese carmakers in the EV market?
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.
Hyundai Motor Q3 profit misses forecast as demand slows; shares slide
Hyundai Motor Co on Thursday reported a 7% fall in third-quarter operating profit in a sign the global slowdown in car demand ...
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Volvo Cars core operating profit dips 6.5% in Q3 2024
Volvo Cars has reported a core operating profit (EBIT), excluding joint ventures and associates, of Sgkr5.7bn ($539.36m) for ...
Tesla Delivers Robust Q3 Earnings As Musk’s Firm Returns To Profit Growth—Stock Rockets 12%
Among the bullish nuggets Musk shared included a prediction Tesla deliveries would grow by 25% to 30% next year and that he ...
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(3rd LD) Kia Q3 net rises over 2 pct on new, hybrid models
SEOUL, Oct. 25 (Yonhap) -- Kia Corp., South Korea's second-largest carmaker, said Friday its third-quarter net profit rose ...
Tesla's earnings report will include refocusing on its car business, and it comes as competition heats up
GM's recent success puts pressure on Tesla as it fights to maintain its EV dominance ahead of today's earnings report.
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Car parts supplier Forvia posts slightly lower Q3 sales
Oct 21 (Reuters) - Forvia (FRVIA.PA), opens new tab, the world's seventh largest car parts supplier by revenue, on Monday ...