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Elon Musk Had a Lot to Say on Yesterday's Conference Call. Here Are Some Key Moments.
TSLATesla(TSLA) Investopedia·2024-10-24 16:30

After Tesla (TSLA) reported third-quarter earnings that beat analysts' expectations, CEO Elon Musk updated investors on the company’s growing profitability, ambitions for 2025, and more. Investors liked what they heard last night, with the EV maker's stock up nearly 20% in Thursday trading, in positive territory for the year. Tesla Grows Profits In a 'Very Challenging Automotive Environment’ Tesla's net income for the third quarter grew 17% year-over-year to $2.17 billion, as its gross margin rose to 19 ...