HomeAbout

TL;DR CNBC


Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year - TL;DR CNBC

Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year

Publishing timestamp: 2024-10-23 16:00:23


Summary

Tesla reported better-than-expected profit in the third quarter, with revenue just shy of expectations. The stock rose following a deep slump earlier in the month. CEO Elon Musk expects vehicle growth to reach 20-30% next year, with all future Tesla cars being autonomous. The company also reported strong revenue growth in energy generation and storage.


Sentiment: POSITIVE

Tickers: FGMTSLA

Keywords: united statestesla incclimateelectric vehiclestechnologybusiness newsbreaking news: technologygeneral motors coelon muskcaliforniaautosearningsdonald trumpford motor co

Source: https://www.cnbc.com/2024/10/23/tesla-tsla-q3-2024-earnings-report.html


Developed by Leo Phan