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…