FinanceSiliconANGLEabout 1 hour ago
Tesla Shares Fall 3% Despite Earnings Beat
4 min read
Tesla shares fell more than 3% in after-hours trading after the company reported adjusted earnings of 48 cents per share on revenue of $28.05 billion for the quarter ended Sept. 30. Although free cash flow reached $1.53 billion, operating income dropped 56% to $718 million as R&D spending hit $2.76 billion.
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