Tesla shares jump 6% on profit beat

Tesla reports improved earnings

Tesla

Tesla's Third-Quarter Profit Margin Beats Estimates

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Analysis of Tesla’s Third-Quarter Earnings

Tesla expects slight growth in 2024 vehicle deliveries

Tesla said on Wednesday it expects to achieve slight growth in vehicle deliveries this year and reported a higher-than-expected profit margin for the third quarter, sending shares up 5% after hours.

Tesla shares jump 6% on profit beat

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 Growth

Before the report, analysts projected Tesla’s 2024 net income to come in more than 45% below 2022’s record as the company navigates between what it describes as “two major growth waves.”