Tesla reported mixed third quarter results as the company forges ahead in a post-EV tax credit environment, with investors eyeing robotaxi progress.
For the quarter, Tesla reported Q3 revenue of $28.01 billion vs $26.27 billion expected, per Bloomberg, a jump from the $25.18 billion reported a year ago.
Tesla posted adjusted earnings per share of $0.50 vs $0.54 estimated, translating to EBITDA of $4.23 billion vs $3.78 billion expected.
Tesla did not reveal any new info regarding its robotaxi expansion, other than noting it launched a "ride-hailing service in the Bay Area using Robotaxi technology."
Yahoo Finance
Tesla reported mixed third quarter results as the company forges ahead in a post-EV tax credit environment, with investors eyeing robotaxi progress.
For the quarter, Tesla reported Q3 revenue of $28.01 billion vs $26.27 billion expected, per Bloomberg, a jump from the $25.18 billion reported a year ago.
Tesla posted adjusted earnings per share of $0.50 vs $0.54 estimated, translating to EBITDA of $4.23 billion vs $3.78 billion expected.
Tesla did not reveal any new info regarding its robotaxi expansion, other than noting it launched a "ride-hailing service in the Bay Area using Robotaxi technology."
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