Is Tesla's Stock Pop Sustainable? TSLA ETFs in Focus
TeslaTesla(US:TSLA) ZACKS·2024-10-25 19:01

Electric vehicle giant Tesla stock (TSLA) surged on Thursday following mixed third-quarter earnings released after the bell on Wednesday. The electric automaker reported its biggest quarterly profit in more than a year and issued upbeat forecasts for 2025. However, it lagged revenue estimates. Shares of Tesla popped up 19% on Oct. 24 (read: ETFs to Tap Tesla's Solid Q3 Earnings).Investors applauded beats on adjusted earnings per share and higher gross margins in addition to the news that Tesla's cheaper ele ...

Is Tesla's Stock Pop Sustainable? TSLA ETFs in Focus - Reportify