Tesla-Aktie: Navigating Quarterly Results and Market Reactions

Thursday, 24 October 2024, 02:00

Tesla-Aktie is making headlines as it soars following recent quarterly results. Despite missing revenue forecasts, the increase in vehicle deliveries and profits positions Tesla favorably in the auto industry. This article analyzes the latest figures and implications for investors.
Handelszeitung
Tesla-Aktie: Navigating Quarterly Results and Market Reactions

Tesla-Aktie Surges on Quarterly Results

Tesla-Aktie is in the spotlight after the company released its latest quarterly financial results, which, despite falling slightly short of analysts' revenue expectations, demonstrated significant growth. The revenues climbed by eight percent year-over-year to nearly $25.2 billion, compared to the anticipated average of $25.4 billion.

Revenue Breakdown

Factors influencing the results include revenue from CO2 certificate sales to traditional automakers. In core automotive sales, revenue increased by two percent, hitting just over $20 billion.

  • Year-over-year profit growth of 17% to approximately $2.17 billion.
  • Adjusted earnings per share were 72 cents, exceeding the expected 58 cents.
  • Deliveries increased by six percent to nearly 463,000 vehicles.
  • The majority of deliveries comprised the more affordable Model 3 and Model Y.

Market Impact

The new Cybertruck model is anticipated to take its place as a strong contender in the electric vehicle market, securing its position among the top three electric vehicles sold in the USA.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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