Tesla stock soars 22% for best day in over a decade on Musk's 2025 growth projection
Publishing timestamp: 2024-10-24 15:59:43
Summary
Tesla shares soared 22% following better-than-expected earnings report, with profit margins boosted by revenue for environmental regulatory credits. CEO Elon Musk predicts 20-30% vehicle growth next year, ahead of analyst expectations. Analysts have mixed views on Tesla's future growth potential and ability to deliver on promises such as robotaxis.
Sentiment: POSITIVE
Tickers: TSLA,
Keywords: breaking news: markets, tesla inc, breaking news: technology, markets, technology, autos, elon musk, business news,