Tesla (TSLA) Reported Q3 Beat, Achieved Record Profitability

Tesla (TSLA) PT Raised to $625 at Cowen

October 21, 2021 8:44 AM EDT

Cowen analyst Jeffrey Osborne raised the price target on Tesla (NASDAQ: TSLA) to $625.00 (from $580.00) while maintaining a Market Perform rating.

The analyst commented, "Tesla delivered EPS upside as record margins reflected increased volumes and improved mix from Model Y strength.... More

Tesla's (TSLA) Giga Berlin Hits Another Stumbling Block, November Start Now Very Unlikely

October 21, 2021 5:47 AM EDT

Teslas (NASDAQ: TSLA) hopes of starting EV production at its new plant in Berlin, Germany, hit a new stumble block today after the regional environment ministry said it has to repeat the citizen consultation process.

A new consultation process will start on November 02 and last for 20 days. It will be open to those citizens who objected to the Giga Berlin factory... More

Tesla says new factories will need time to ramp up, posts record revenue

October 20, 2021 4:08 PM EDT

By Hyunjoo Jin and Subrat Patnaik

(Reuters) - Tesla Inc said on Wednesday its upcoming factories and supply-chain headwinds would put pressure on its margins after it beat Wall Street expectations for third-quarter revenue on the back of record deliveries.

The world's most valuable automaker has weathered the pandemic and the global supply-chain crisis better than rivals, posting record revenue for the fifth consecutive quarter in the July-to-September period, fueled by a production build-up at its Chinese factory.

But the company led by billionaire Elon Musk faces challenges growing earnings in coming quarters due to supply... More

Tesla (TSLA) Tops Q3 EPS by 28c

October 20, 2021 4:05 PM EDT

Tesla (NASDAQ: TSLA) reported Q3 EPS of $1.86, $0.28 better than the analyst estimate of $1.58. Revenue for the quarter came in at $13.76 billion versus the consensus estimate of $13.62 billion.

For earnings history and earnings-related data on Tesla (TSLA) click here.

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