2 hours ago
Tesla (TSLA) Stock: Surges 3.41% as Q3 Revenue Hits $28 Billion Despite 56% Profit Drop
TLDR Tesla stock gains 3.41% to $386.47 despite a 56% drop in Q3 operating profit. Tesla Q3 revenue holds near $28B, but operating earnings plunge 56% year over year. Tesla’s cash reserves reach $45.4B after generating $1.5B in free cash flow. Vehicle deliveries slip 2% in Q3 as Tesla faces continued battery supply limits. Tesla [...]
The post Tesla (TSLA) Stock: Surges 3.41% as Q3 Revenue Hits $28 Billion Despite 56% Profit Drop appeared first on Blockonomi.
Source: Blockonomi →Related News
- 50 minutes ago
Applied Digital (APLD) Stock: Soars on 51% Stake in Soluna’s 50 MW Texas AI Data...
- 1 hour ago
SAP SE (SAP) Stock: Climbs as Q3 Revenue Tops €10 Billion and Cloud Growth Hits...
- 1 hour ago
IBM (IBM) Stock: Surges 3.94% as Q3 Revenue Hits $17.1 Billion and Profits Jump...
- 1 hour ago
Meta Platforms (META) Stock: Jumps as Zuckerberg Unveils AI Breakthroughs and Re...
- 1 hour ago
QuantumScape (QS) Stock: Surges 13.57% on 100 MWh Solid-State Battery Production...
