Tesla earnings: Mixed results, sees delivery growth in 2024
Tesla (TSLA) reported mixed third quarter results. Adjusted earnings of $0.72 per share topped the Bloomberg consensus estimate of $0.60. However, revenue of $25.18 billion fell short of the expected $25.43 billion.
In the release, the company states that it does "expect to achieve slight growth in vehicle deliveries in 2024," adding that it "plans for new vehicles, including more affordable models, remain on track for start of production in the first half of 2025."
Market Domination Anchors Julie Hyman and Josh Lipton break down the EV giant's results.
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This post was written by Stephanie Mikulich.