( ) -q-24- UNDATED (Correspondent Jeremy House) “aging vehicle lineup.” Tesla’s third-quarter net income rose 17.3% on stronger electric vehicle sales. [CutID: <Cuts> TESLA-PROFIT-house-q-THUam.mp3 Time: 24s Title: TESLA-PROFIT-house-q-THUam Out-cue: aging vehicle lineup] TAG: Correspondent Jeremy House. An optimistic CEO Elon Musk predicted the company would achieve up to 30% sales growth next year. After the […]
Audio
Tesla posts surprise $2 billion Q3 profit, up 17% from a year ago
( ) -q-24- UNDATED (Correspondent Jeremy House) “aging vehicle lineup.”
Tesla’s third-quarter net income rose 17.3% on stronger electric vehicle sales.
[CutID: <Cuts> TESLA-PROFIT-house-q-THUam.mp3
Time: 24s
Title: TESLA-PROFIT-house-q-THUam
Out-cue: aging vehicle lineup]
TAG: Correspondent Jeremy House. An optimistic CEO Elon Musk predicted the company would achieve up to 30% sales growth next year. After the results were announced, Tesla’s stock soared almost 12%.
————————–
VERBATIM: The performance changed the trajectory of the year for the Austin, Texas, company, which had seen sales and profits decline in the first two quarters. Tesla says it made $2.17 billion from July through September, more than the $1.85 billion profit a year ago. The earnings came despite price cuts and low-interest financing that helped boost sales of the company’s aging vehicle lineup.