Elon Musk Predicts Tesla's Future and 4 Other Key Takeaways From the Q3 Earnings Call
Tesla today released an earnings report that made shares soar -- and Wall Street analysts scratch their heads. Earnings came out to $2.90 a share versus expected losses of close to 20 cents per share. The company's net income, $311.5 million, is a far cry from its losses of $619.4 million this time last year. And quarterly revenue topped that of a year ago by more than 70 percent. This was Tesla's third-ever profitable quarter, as well as CEO Elon Musk's last full quarter, for the time being, as chairman of the company he founded 15 years ago.
Nov-4-2018, 04:34:36 GMT
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