Tesla (TSLA) earnings Q3 2023


Elon Musk, CEO of Tesla, speaks with CNBC on May 16, 2023.

David A. Grogan | CNBC

Tesla reported third-quarter results after the bell on Wednesday. Shares rose more than 2% in after hours trading.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:

  • Earnings: 66 cents per share adjusted vs 73 cents per share expected
  • Revenue: $23.35 billion per share vs $24.1 billion expected

The company reported $19.63 billion in automotive revenue and $1.56 billion in revenue from its energy generation and storage business. Within automotive revenue, the portion from regulatory credits grew in the third quarter to…

Source cnbc.com

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