Tesla Beats Q3 Earnings Estimates, On Pace For a Profitable Year

On October 21, $Tesla (TSLA.US)$ announced its latest quarterly earnings after hours. According to the data, Tesla reported the fifth consecutive quarter of profits. Key figures including delivery volume, profitability, and free cash flow scale all set a single quarterly record high. At the conference call, Elon Musk also proposed Tesla's plans for the next phase, including the rollout plan of the FSD system by the end of this year, production capacity enhancement, and other key market concerns.

Tesla's stock price rose 3% in after-hours trading, closed at $436.45.

The CNN States that The strong results and ambitious goals were good news to investors in the high-flying stock.