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Tesla (Nasdaq: TSLA) Stock Price Up After Earnings - The Real Story
The Tesla Motors Inc. (Nasdaq: TSLA) stock price jumped 7% in afterhours trading today (Wednesday) after the company beat Q3 earnings estimates.
The company reported earnings per share (EPS) of $0.02. That translates to net income of $3 billion. Analysts had been predicting a loss of $0.01 per share.
The Tesla Motors Inc. (Nasdaq: TSLA) stock price jumped 7% in afterhours trading today (Wednesday) after the company beat Q3 earnings estimates.
The company reported earnings per share (EPS) of $0.02. That translates to net income of $3 billion. Analysts had been predicting a loss of $0.01 per share.