Shares of the global electric vehicle (EV) maker Tesla, Inc. (TSLA) slipped 1.6% in the extended trading session on October 20 after the company delivered robust third-quarter earnings and revenue. Despite ongoing supply chain challenges, chip shortages, and transportation difficulties, Tesla continued to run at almost full production capacity to sustain the growing demand for its vehicles.   The company reported earnings of $1.86 per share, up a whopping 145% year-over-year, and significantly beat analyst estimates of $1.58 per share. (See Insiders’ Hot Stocks on TipRanks) Further, total revenue came in at $13.76 billion, an increase of 57% compared to the year-ago period, and also surpassed Street estimates of $13.62 billion.
https://www.tipranks.com/news/tesla-slips-after-hours-despite-beating-q3-expectations?utm_source=advfn.com&utm_medium=referral
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Oct 2021 to Nov 2021 Click Here for more Tesla Charts.
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Nov 2020 to Nov 2021 Click Here for more Tesla Charts.