Tesla’s third-quarter earnings report is out, showing revenue was slightly short of expectations, but profitability was great. Tesla raked in $25.18 billion, compared to the anticipated $25.4 billion, but it made $2.17 billion in net profit, significantly above the analysts’ consensus. The record gross margin of 19.8% was the most significant contributor. Tesla’s vehicle deliveries in Q3 were also positive.… Read more…
Tesla’s Q3 earnings report is out: solid profits, but lower-than-expected revenues
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