103536321
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Updated on October 24, 2024
$Tesla (TSLA.US)$ released its earnings report after the market closed on Wednesday, October 23, showing a significant beat on profits. The company's EPS turned positive in Q3, with a year-over-year increase of over 9%. The overall profit margin rose to 19.8% year-over-year. The automotive segment's gross margin climbed to 17.1% excluding carbon credit sales.
Following the report, Te...
$Tesla (TSLA.US)$ released its earnings report after the market closed on Wednesday, October 23, showing a significant beat on profits. The company's EPS turned positive in Q3, with a year-over-year increase of over 9%. The overall profit margin rose to 19.8% year-over-year. The automotive segment's gross margin climbed to 17.1% excluding carbon credit sales.
Following the report, Te...
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In November, Wall Street's primary indices rebounded after three months of weakness. The easing of US inflation suggested that stubbornly high prices were loosening their grip on the economy. The softer-than-expected consumer price index also boosted confidence in the market that the Federal Reserve would end its rate-hiking cycle soon. These developments point to the possibility of a soft landing for the US economy with...
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