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Tesla Delivers Robust Q3 Earnings As Musk’s Firm Returns To Profit Growth—Stock Rockets 12%
Among the bullish nuggets Musk shared included a prediction Tesla deliveries would grow by 25% to 30% next year and that he expects its self-driving taxi service to launch in California and Texas in 2025. Tesla’s after-hours rally equates to a whopping $81 billion in added market capitalization.
Tesla earnings recap: Stock jumps 12% after hours as company reports big quarterly profit beat
Tesla beat profit estimates for the third quarter, sending the stock up over 12% after hours. Elon Musk discussed FSD, Cybercab, and more on a call.
Tesla Stock Leaps After EV Maker Reports Surprisingly Strong Earnings
Shares in Tesla (TSLA) jumped after the electric-car maker reported a surprise increase in net income, on stronger revenue. Some of the key numbers from Wednesday's report: Net income was $2.2 billion for the July-to-September period,
Tesla expects growth in 2024 deliveries and quarterly profit tops Wall Street targets
Tesla said on Wednesday it expects to achieve slight growth in vehicle deliveries this year and reported a third-quarter profit that handily beat Wall Street estimates as its costs of making a car fell to a record low.
Tesla Shares Jump As Profits Rise On Lower Expenses
Tesla shares surged Wednesday after the electric car maker reported a jump in profits, as increased auto sales and lower expenses offset the drag from a drop in vehicle prices.
Tesla Reports Higher Profit in Third Quarter
The surprise increase was the first since the electric-car maker’s earnings began to slide earlier this year as it turned to deep price cuts and other sales promotions to stimulate sales.
28m
on MSN
UPS Sees Profit Growth for First Time in Nearly Two Years
United Parcel Service Inc. returned to sales and profit growth for the first time in nearly two years as the company ...
2h
UPS tops quarterly profit estimates on rebounding volumes; shares jump
United Parcel Service reported a rise in third-quarter profit on Thursday, as rebounding volumes ahead of the holiday season ...
1h
Union Pacific’s profit grows 9% as the railroad delivers more but results fall short of Wall Street
Union Pacific's third quarter profit grew 9% as the railroad delivered 6% more freight and continued to raise prices and ...
1h
Harley-Davidson Q3 profit beats analysts’ expectations, revenue misses
The Milwaukee-based motorcycle maker posted third-quarter earnings of $119 million or 91 cents per share, on revenue of $1.15 ...
18m
on MSN
Union Pacific's Q3 profit rises on improving volumes and robust pricing
U.S. railroad operator Union Pacific reported a 9% rise in third-quarter profit on Thursday, as higher shipments and price ...
44m
on MSN
American Air Boosts Profit Outlook as Sales Pivot Bears Fruit
American Airlines Group Inc. said full-year profit should top analyst expectations, a sign the company’s pivot from a failed ...
12h
on MSN
Tesla posts surprise $2.17 billion third-quarter profit, up 17.3% from a year ago
Tesla’s third-quarter net income rose 17.3% on stronger electric vehicle sales. An optimistic CEO Elon Musk predicted the ...
2h
DTE Energy beats quarterly profit estimates, boosted by higher rates
Electric and gas utility DTE Energy beat Wall Street estimates for third-quarter profit on Thursday, as higher supply rates ...
8h
on MSN
Equinor’s Key Profit Measure Misses Forecasts on Lower Oil Prices and Volumes
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in ...
15h
Tesla Reports Robust Profit Increase on Strength of Battery Storage Sales
The electric car company said profits climbed 17 percent in the third quarter as strong sales of energy products helped to ...
2h
Northrop Grumman lifts 2024 profit forecast again as global defense spending climbs
U.S. defense company Northrop Grumman on Thursday raised its 2024 profit forecast for the second time, amid increased global ...
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