Tesla reports record revenue and beats on earnings
Electric vehicle maker $Tesla(TSLA.US$ reported earnings after the bell, beating on both earnings and revenue. Shares rose more than 5% after hours after CEO Elon Musk said the company might be able to produce 2 million cars this year. Here are the results.
Earnings (adjusted): $1.19 vs $1.13 per share expected, per Refinitiv
Revenue: $24.32 billion vs $24.16 billion expected, per Refinitiv
In the year-ago quarter, Tesla reported revenue of $17.72 billion and adjusted earnings of $2.52 per share ($0.85 adjusted for an August 2022 stock split).
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