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Moomoo 24/7 ·  Oct 23 16:16

$Tesla (TSLA.US)$ reported Q3 adjusted earnings of $0.72/share, vs estimates of $0.59/share, on revenue of $25.18B vs estimates of $25.52B.

The first of the magnificent seven and worst yearly performer of the bunch showed earnings per share were up 11% from the previous quarter and up 152% from a year ago. Eyes followed the gross margin, which came in higher at 19.8%, compared to estimates of 16.73%.

The firm missed on revenue estimates across the board. Automotive revenue came in 1.57% lower, gross profit fell 15%.

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