Tesla Shares Rise 3.8% to $368.06 Ahead of Third-Quarter Earnings
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Tesla (TSLA) shares rose 3.8% to $368.06 Monday ahead of third-quarter earnings, with analyst estimates pointing to negative free cash flow and a possible gain tied to digital assets. The stock gained $13.34 from its Oct. 16 close of $354.72. Monday’s closing price was recorded at 4 p.m. ET (20:00 UTC), two days before Tesla is scheduled to release its results. The gain was 3.76% before rounding. Tesla’s Oct. 19 compilation of analyst estimates puts third-quarter revenue at $28.341 billion and non-GAAP earnings at $0.45 per share. Each average draws on 23 estimates.
Source: TokenPost
