Tesla, Inc. (NASDAQ: TSLA) recently released its third-quarter financial results, revealing an earnings per share (EPS) figure of $0.66, falling short by $0.07 compared to the analyst consensus of $0.73. Additionally, the electric vehicle manufacturer’s revenue for the quarter amounted to $23.4 billion, missing the anticipated estimate of $24.32 billion.
Tesla’s stock price concluded the day at $242.68, reflecting a 6.67% decline over the past three months but showcasing a 9.30% increase over the last 12 months.
In the preceding 90 days, Tesla witnessed 2 upward revisions in its earnings per share estimates and a substantial 21 downward revisions. For a detailed history of Tesla’s stock performance following earnings releases, please refer to the chart here.
InvestingPro has assigned Tesla a “great performance” rating in terms of financial health. You can explore further insights into Tesla’s recent earnings performance and financial standings on their official website.
