Tesla Stock Soars: 5 Key Takeaways From Tesla [TSLA] 3rd Quarter 2019 Report

Credit to Author: Matt Pressman| Date: Fri, 25 Oct 2019 03:58:50 +0000

Tesla Shanghai GigafactoryTesla beat the street. According to Bloomberg, “The electric-car maker earned $1.86 a share in the third quarter, exceeding the most optimistic projection by a wide margin and beating the consensus estimate for a 24-cent loss.” Yes, Tesla showed a profit. And the stock price soared as “shares climbed as much as 21% to $308.50” in after hours trading after 3Q earnings were reported by the electric automaker

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