Tesla Stock Price Explodes In Pre-Market Trading As Earnings Trigger Excitement
- Summary:
- Tesla stock price jumped by double digits following forecast-beatings earnings and surprise upbeat guidance, including strong show by FSD.
Tesla stock price was up by 11.9 percent in Thursday’s pre-bell session, trading at $239.20 following a surprise earnings beat. The stock has a lease of life after staying subdued since its robotaxi reveal on October 10. The company has struggled to replicate its sales success of 2023 this year, and traders had understandably trimmed their uptake of the stock in recent weeks.
However, Tesla (NASDAQ: TSLA) had a multi-thronged good news in its Q3 earnings report. First, the company reported revenues of $25.18 billion, up from $23.40 in the corresponding quarter…
