Tesla Stock Soars After Q3 Earnings Beat

Tesla (NASDAQ: TSLA) saw its shares jump by 20% after hours on Wednesday and another 14% in pre-market trade on Thursday after reporting earnings for the third quarter beating analyst estimates. Tesla booked earnings per share of $0.72, higher than the $0.58 EPS expected by Wall Street analysts. Total revenues rose to $25.182 billion, up by 8% year-over-year, with total automotive revenues at $20 billion, a 2% annual increase. “We delivered strong results in Q3 with growth in vehicle deliveries both sequentially and year-on-year, resulting...