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24.10.2024
Company news: Tesla’s (TSLA) quarterly earnings top analysts’ estimates
Tesla (TSLA) reported Q3 FY2024 earnings of $0.72 per share (versus $0.66 per share in Q3 FY2023), beating analysts’ consensus estimate of $0.60 per share.
The company’s quarterly revenues amounted to $25.182 bln (+7.8% y/y), missing analysts’ consensus estimate of $25.468 bln.
The company's CEO Elon Musk said it is his best guess that vehicle growth will reach 20-30% in FY2025 due to lower costs.
TSLA rose to $236.77 (+10.82%) in pre-market trading.
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