As a long-time Tesla enthusiast and investor, I must say that yesterday’s Q3 2024 earnings report left me with mixed feelings. On one hand, I was thrilled to see Tesla beating expectations on earnings per share, but on the other hand, the revenue miss was a bit of a letdown. However, as someone who has been through many market cycles and has learned to trust Elon Musk’s vision for Tesla, I remain optimistic about the future.
In Q3 2024, Tesla (TSLA) reported its earnings, demonstrating an earnings per-share surplus, yet falling short of the projected revenue.
Today, Tesla has released its Q3 2024 earnings report. The electric vehicle company generated approximately $25.18 billion in revenue for the quarter, slightly falling short of the projected $25.4 billion. However, it managed to surpass expectations by earning $0.62 per share, compared to the anticipated $0.58 per share.
During extended trading, the value of Tesla’s shares (TSLA) significantly increased following the release of a positive report, reaching up to $233.39 per share, an elevation from its closing price of $213.65 earlier in the day.
Additionally, Tesla has announced its intention to introduce more budget-friendly models by the year 2025. Stay tuned with Shacknews for the latest Tesla news.
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2024-10-23 23:57