Company News: Tesla (TSLA) quarterly results beat analysts’ expectations

Market news

22 October 2020

Company News: Tesla (TSLA) quarterly results beat analysts’ expectations

Tesla (TSLA) reported Q3 FY 2020 earnings of $0.76 per share (versus $1.91 per share in Q3 FY 2019), beating analysts’ consensus estimate of $0.60 per share.

The company’s quarterly revenues amounted to $8.771 bln (+39.2% y/y), beating analysts’ consensus estimate of $8.292 bln.

TSLA rose to $443.01 (+4.82%) in pre-market trading.

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