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-0.00127157129881926 -0.00145322434150769 -0.0043596730245232 -0.00628519527702096 -0.00363306085376935 0.000908265213442273 0.00163487738419612 0.00127157129881926
Stock impact report

Tesla shares jump, Elon Musk predicts at least 20% vehicle growth next year [MSNBC.com]

Li Auto Inc. - American Depositary Shares (LI) 
Company Research Source: MSNBC.com
TeslaRevenue increased 8% in the quarter from $23.35 billion a year earlier. Net income rose to about $2.17 billion, or 62 cents a share, from $1.85 billion, or 53 cents a share, a year ago.Profit margins were bolstered by $739 million in automotive regulatory credit revenue during the quarter. Automakers arerequired to obtainAutomotive revenue increased 2% to $20 billion from $19.63 billion in the same period a year earlier and is about flat since late 2022. Energy generation and storage revenue soared 52% to $2.38 billion, while services and other revenue, which includes revenue from non-warranty repairs of Tesla vehicles, jumped 29% to $2.79 billion.CEOElon MuskAsked on the call if Tesla would make a lower cost EV that’s not a Cybercab, Musk said all of the company’s cars moving forward would be autonomous. He said that, of the 7 million vehicles Tesla has produced to date, the “vast majority” are “capable of autonomy,” adding that the company is “currently making on the order of 3 Show less Read more
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