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Tesla shares jump 19 percent on strong earnings and growth outlook

Tesla shares surged 19% following a better-than-expected earnings report, marking the stock's best day in over three years. The company reported $25.18 billion in revenue and adjusted earnings per share of 72 cents, exceeding analyst estimates. CEO Elon Musk projected vehicle growth of 20% to 30% for 2025, while analysts remain cautious, with some estimating a more conservative 14% growth.
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United States Dollar Tesla, Inc. FRA USA Mark Read Lora Kolodny Elon Musk Show more
Finance & Economy, Market Report
17:59 24.10.2024
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