Tesla
2024 - 10 - 24Tesla's Earnings Shock: Shares Soar Like a Model S on Full Charge!
Tesla Earnings -- Tesla Stock Electric Vehicles - Elon Musk - Growth Forecast - Profits - Stock Market - Tesla - Tesla Earnings - Tesla StockElon Musk serves us another surprise with Tesla's booming profits and optimistic forecasts – just the jolt the stock market needed! 🚀
In a move that left Wall Street buzzing, Tesla CEO Elon Musk revealed that the electric vehicle titan is expecting an impressive 20 to 30 percent vehicle growth next year! This prediction sent Tesla shares soaring by a whopping 12 percent, showcasing the optimism surrounding the company’s potential. Tesla's recent third-quarter report showed earnings of $2.2 billion (S$2.9 billion), up 17 percent from last year, making investors cheer like they just saw a robot dance at a tech expo.
While skeptics were bracing for a bumpy ride after two sluggish quarters, Musk's proclamation last Wednesday (Oct 23) served as a powerful adrenaline shot for Tesla’s stock. This unexpected leap in share price revealed that despite prior bumps in the road, Musk's magic touch with numbers still captivates investors. The third-quarter earnings report wasn’t merely a mixed bag; it highlighted Tesla's strategic maneuvering in cutting car production costs—turning potential losses into profits and speeding up revenues to an impressive $25.18 billion.
It seems that optimistic forecasts aren’t just Musk’s favorite pastime; they’ve become a staple diet for Tesla's investors. With earnings per share exceeding expectations, it’s clear that the electric vehicle market is still riding the high-voltage wave. Even amidst global economic challenges and competition, Tesla's unique brand and its innovative approaches keep it on the frontlines of the EV revolution.
But wait, there’s more! With soaring shares and ambitious growth plans, did you know that Tesla now hopes to dominate not just the roads but also the skies? Musk’s plans extend beyond automobiles, dabbling in solar energy and ambitious space projects. Plus, here’s a fun fact: Tesla's Gigafactory in Shanghai is the largest electric vehicle factory in the world, capable of churning out 500,000 cars a year! Clearly, Tesla is not just electrifying roads; they aim to electrify the future!
Tesla surprises with forecasts for sales and deliveries, shares jump (The Business Times)
TESLA CEO Elon Musk said on Wednesday (Oct 23) that he expects 20 to 30 per cent vehicle growth next year, sending the company's shares up 11 per cent in ...
Elon Musk's Tesla surprises with blowout quarter; shares soar 12% (The Straits Times)
Third-quarter earnings rose 17 per cent year on year to US$2.2 billion (S$2.9 billion). Read more at straitstimes.com.
Tesla shares jump in third-quarter earnings even as expected ... (The Guardian)
After two slow quarters, Elon Musk's electric-vehicle maker reports higher-than-expected earnings per share.
Tesla's upbeat earnings and bullish forecast propel shares 12% higher (Financial Times)
Tesla's upbeat earnings and bullish forecast propel shares 12% higher · Limited time offer · Save 40% on Standard Digital · Explore more offers. · Explore our full ...
Tesla cuts its costs to build cars, boosting earnings (CNNMoney)
Tesla Wednesday reported an unexpected improvement in earnings for the third quarter, lifting its recently battered shares in after-hours trading.
Tesla shares jump on profit beat, Musk's prediction of at least 20 ... (CNBC)
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.
Tesla Delivers Robust Q3 Earnings As Musk's Firm Returns To Profit ... (Forbes)
Tesla delivered stronger third-quarter profits than Wall Street expected Wednesday, as Elon Musk's electric vehicle maker reported its first year-over-year ...
Tesla stock jumps on Q3 earnings beat (Yahoo Finance)
CEO Elon Musk also added on the earnings call that Tesla's volume growth could be 20-30% next year. For the quarter, Tesla reported revenue of $25.18 billion vs ...
Tesla Delivers Blowout Quarter and Upbeat Outlook for 2025 (Yahoo Finance)
(Bloomberg) -- Tesla Inc.'s shares surged after the carmaker reported surprisingly strong earnings and forecast as much as 30% growth in vehicle sales next ...
Tesla reports better than expected profit, sending shares higher (Aljazeera.com)
Texas-based company reports $2.2bn profit for July to September, after back-to-back disappointing quarters.
Tesla allays investor fears with crucial EV growth forecast, shares jump (Reuters)
Tesla's stock jumped nearly 17% on Thursday, a day after it forecast surging car sales growth, reassuring investors that CEO Elon Musk was still looking to ...
Tesla Earnings: Stock Pops in After-Hours Trading; News From the ... (Barron's)
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 ...
Elon Musk Gets $20 Billion Richer As Tesla Stock Rides Earnings ... (Forbes)
The world's richest person got much richer Thursday as Tesla CEO Elon Musk enjoyed a major rally for Tesla stock after the electric vehicle company's latest ...
Tesla stock rises after strong Q3 profits (Taipei Times)
Tesla Inc's stock shot up nearly 12 percent in pre-market trade yesterday, a day after it forecast surging car sales growth, reassuring investors that CEO ...
Tesla Delivers Blowout Quarter and Upbeat Outlook for 2025 (Yahoo Finance)
(Bloomberg) -- Tesla Inc.'s shares surged after the carmaker reported surprisingly strong earnings and forecast as much as 30% growth in vehicle sales next ...
Tesla's Surprise Earnings Beat (Forbes)
Tesla stock (NASDAQ:TSLA) posted a better-than-expected set of Q3 2024 earnings. Revenue for the quarter rose 8% year-over-year to $25.18 billion a year ...
Tesla stock soars for best day since 2013 as investors cheer Q3 ... (Yahoo Finance)
Tesla stock surged on Thursday after mixed third quarter earnings results after the bell on Wednesday.
Tesla is not a car company but it does a good impersonation (Financial Times)
Although its vehicles are yielding more profit, most of the $750bn carmaker's value hangs on things that are yet to exist.
Tesla adds close to $150bn in market value on best day in over a ... (The Guardian)
Car company sees biggest single-day stock gain since 2013 as CEO Elon Musk forecasts up to 30% in sales growth.
Tesla's Not a Car Company, Musk's in the Business of Selling the ... (Barron's)
Sure, some 80% of its revenue currently comes from electric vehicles. And CEO Elon Musk is pretty good at squeezing profit out of those cars—something many in ...
Tesla is the pure EV king, but Chinese drivers steer to hybrids as ... (South China Morning Post)
Tesla said its third-quarter net profit rose 17 per cent from a year earlier to US$2.17 billion.
Tesla Stock: Margins Bounce Back For AI-Leader (Forbes)
Tesla is arguably one of the most advanced AI companies in the world, yet its stock has been quietly dictated by one metric. I look at the puts and takes of ...
The mystery of Tesla's series x (Financial Times)
Tesla's shares surged after the world's largest electric vehicle maker reported higher than expected quarterly profit while forecasting “slight growth” in ...
Asia: Markets split after Tesla boosts Wall Street (The Business Times)
JAPANESE shares fell but Chinese markets gained in a disjointed start to Asian trade on Friday, after Wall Street cheered strong results from electric car ...
Tesla's stock sees best day in 11 years. Why it's still hard not to be ... (MarketWatch)
Tesla added $150 billion in market cap — more than the combined value of Ford, GM and Stellantis — as analysts cheered the growth forecast and increasing ...
Stock market today: Tesla has best day in over a decade, leading ... (Yahoo Finance)
Tesla's surprisingly solid results and high-flying sales forecast are lifting hopes for a strong earnings season.
Tesla to add $100 billion in Mcap; stock jumps 19% after Elon Musk ... (Livemint)
Tesla Inc. shares rose 19% following earnings report, with the company forecasting a 30% increase in car sales for next year.
Tesla stock soars 22% for best day in over a decade on Musk's 2025 ... (CNBC)
Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings.
Elon Musk's wealth soars $44b as Tesla comes roaring back (The Straits Times)
The gain brought the fortune of the world's richest person to US$270.3 billion. Read more at straitstimes.com.
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