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Tesla earnings recap: Stock jumps 12% after hours as company reports big quarterly profit beat

Tesla exceeded Wall Street’s profit estimates in its third-quarter earnings. The stock was up 12% in after-hours trading at the conclusion of the call with analysts. Elon Musk expects Tesla to receive regulatory approval for autonomous rides in California and Texas next year. Thanks for signing up! Access your favorite topics in a personalized feed […]

Tesla stock jumps on Q3 earnings beat

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. CEO Elon Musk also added on the earnings call that Tesla’s volume growth could […]