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

Market news

27 July 2021

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

Tesla (TSLA) reported Q2 FY 2021 earnings of $1.45 per share (versus $2.18 per share in Q2 FY 2020), beating analysts’ consensus estimate of $0.98 per share.

The company’s quarterly revenues amounted to $11.960 bln (+98.0% y/y), beating analysts’ consensus estimate of $11.399 bln.

Tesla also reiterated its outlook of achieving 50% annual growth in vehicle deliveries over a multi-year horizon.

TSLA rose to $672.00 (+2.19%) in pre-market trading.

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