October 20, 2023 BY Elizabeth Anderson
Tesla shares take a knock after missing Q3 targets
The company’s Q3 revenue came in at $23.4bn, lower than the predicted $24.06bn mark. Despite this, it is still a 13% increase from the previous year. Tesla’s net income for this period was $2.3bn, again lower than analyst expectations of $2.56bn. Similarly, adjusted earnings per share (EPS) were $0.66 instead of the expected $0.74. In…
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