TESLA earnings report move stock higher

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Source: Dukascopy Bank SA


On 23rd of October, TSLA reported its quarterly earnings and revenue results. Although mixed results, the Q3 report has had investors and traders convinced that Elon and the company will deliver.

Consensus forecast earnings per share were $0.593, actual reported number was $0.72, which is a surprise of a more than +21.00%. Expected revenue for TSLA was $25.468 billion, reported earnings are $25.182 billion dollars.

EPS report has had significant impact on the stock in the pre-market. TESLA earnings report has moved the stock 17.00% higher than previous day close.
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