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Tesla Q3 Revenue Misses Estimates as Net Income Falls 43%

Tesla Q3 Revenue Misses Estimates as Net Income Falls 43%

Photo: TokenPost

Tesla’s third-quarter revenue missed the analyst consensus and net income attributable to common stockholders fell 43%, while Binance’s TSLAUSDT perpetual contract tracks the automaker’s share price around the clock. Revenue totaled $28.046 billion, down $49 million from $28.095 billion a year earlier and $295 million below the $28.341 billion analyst consensus. Net income attributable to common stockholders was $787 million. Adjusted diluted earnings were $0.48 a share, above the $0.45 consensus. Battery availability limited growth in vehicle volumes during the quarter. Before the earnings release, the contract traded at $352.10 on Oct. 18, below six moving averages .

Source: TokenPost

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