Tesla stock shot higher today after its third-quarter earnings report.Tesla (TSLA) updated investors with its third-quarter report last night, and the stock is soaring as a result. There was plenty of good news packed into the report as well as CEO Elon Musk's comments on the quarterly conference call.As a result the stock was trading higher by 16.8% as of 10:40 a.m. ET. The big move has brought Tesla shares back into the black for the year.Elon Musk stokes optimism for 2025The list of items charging up inv ...

Tesla Inc (NASDAQ:TSLA) reported better-than-expected third-quarter earnings for the third quarter, while revenue fell just short of analysts' expectations. Plus, CEO Elon Musk noted the company could see 20% to 30% "vehicle growth" in 2025 thanks to lower prices.TSLA is up 16.7% to trade at $249.39 at last glance, giving Wall Street a boost. At least seven analysts hiked their price objectives, including BofA Global Securities to $265 from $255. The 12-month consensus target price of $212.59 is still a 14. ...

Electric vehicle trailblazer Tesla (NASDAQ: TSLA) released its Q3 2024 earnings report on October 23. Leading up to the earnings call, sentiment had turned bearish — driven by skepticism after the underwhelming Robotaxi Day ‘We, Robot’ event.While the future might still be uncertain, particularly with Musk’s history of overpromising and under delivering, at present, things are looking up for the automaker — the quarter was a success and led TSLA stock price to surge by 14.09%, at the time of publication.Tes ...

ToplineThe 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 earnings report encouraged Wall Street.Tesla CEO Elon Musk, center, is more than $50 billion richer than anybody else.AFP via Getty Images Key FactsTesla’s share price spiked almost 17% by 10 a.m. EDT, holding the massive off hours trading surge. That came as investors reacted positively to the big third-quarter profit beat, the most cash genera ...

Tesla (TSLA) released its highly anticipated third-quarter 2024 results yesterday after the closing bell, delivering a mixed bag of surprises. While revenues fell short of expectations, the electric vehicle (EV) giant managed to pull off an earnings beat in the September quarter, breaking its streak of missing earnings estimates in the previous four quarters. This unexpected earnings win sent TSLA stock soaring roughly 12% in after-hours trading. The better-thanexpected earnings performance came on the heel ...

Tesla, Inc. (NASDAQ: TSLA ) reported better than expected results for its third quarter on Wednesday and delighted investors with its guidance for FY 2025, which includes strong projected delivery growth. Tesla beat bottom-line expectationsAnalyst’s Disclosure: I/we have a beneficial long position in the shares of TSLA, RIVN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from See ...

Shares of Tesla surged more than 13% before the opening bell on Thursday after CEO Elon Musk told investors he expects the company’s electric vehicle sales to rise by between 20% and 30% next year as preparations are underway for the rolling out of more affordable models.Tesla, whose market capitalization at the close of trading on Wednesday reached nearly $670 billion, is poised to add another $80 billion to its value on Thursday thanks to the optimistic forecast, which calls for a “slight growth” in deliv ...

Tesla did not disappoint and CEO Elon Musk made that clear.  "It is notable that Tesla is profitable despite a very challenging environment. And this quarter, actually, is a record Q3 for us" he told investors on the company’s earnings call, while also noting cheaper models are coming. "We are still on track to deliver more affordable models starting in the first half of 2025," he added.Ticker Security Last Change Change % TSLA TESLA INC. 213.65 -4.32 -1.98% Wedbush Securities analyst Dan Ives said Tesla ...

Investors could see some respite on Wall Street as the index futures point to a positive start on Thursday after three straight days of losses. EV giant Tesla Inc. TSLA blew past expectations in terms of margins and earnings per share (EPS), although it missed revenue expectations.Dow Jones experienced its worst session in over a month, while megacap stocks like Nvidia Corp. NVDA and Apple Inc. AAPL fell by over 2%. Amid this, Nvidia supplier SK Hynix reported a record quarterly profit on the back of a boom ...

I've covered Tesla numerous times in the past, most recently after the Q1 report with a prudent Buy rating at the $177 price point. I remain very bullish on Tesla as the company continues to execute on itsRetail investor researching mostly semiconductors and fintech. Some general macro musings. My goal is to bring you timely and digestible research on the stocks that I cover.Analyst’s Disclosure: I/we have a beneficial long position in the shares of TSLA either through stock ownership, options, or other der ...