Tesla Soars In Thursday Pre-Market: Here's What's Driving The Surge
Portfolio Pulse from Pooja Rajkumari
Tesla's stock surged 10.93% in pre-market trading following its Q3 earnings report. Despite missing revenue estimates, Tesla's earnings per share exceeded expectations, and the company showed strong production and delivery growth. Analysts positively received the report, highlighting Tesla's ability to navigate market challenges.
October 24, 2024 | 9:52 am
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Tesla's stock rose significantly in pre-market trading after its Q3 earnings report. The company exceeded EPS expectations and showed strong production and delivery growth, despite missing revenue estimates.
Tesla's Q3 earnings report showed a mixed performance but exceeded EPS expectations, which is a key metric for investors. The strong production and delivery numbers, along with positive analyst reception, contributed to the stock's pre-market surge.
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