Tesla Profit Plunges More Than Expected
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Tesla Profit Plunges More Than Expected
Steve Westly, founder and managing partner at The Westly Group and former Tesla board member, reacts to Tesla's third-quarter earnings. Tesla said adjusted earnings were 50 cents per share in the period. Analysts had expected 54 cents on average in estimates compiled by Bloomberg. Revenue was $28.1 billion, outpacing expectations. -------- More ...
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Tesla reported a 12% increase in third quarter revenue on Wednesday following two straight periods of declines. However, earnings missed analysts estimates. Full details: cnb.cx/4qltxVe | CNBC
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