Tesla Takes 3% Hit as Revenue Fails to Meet Expectations: Stockholders Brace for Impact
Tesla’s stock fell 3.5% as the electric automaker posted revenue of $23.3 billion in Q3, missing expectations by $60 million. Although the company’s adjusted EPS of $0.85 met revenue forecasts, it was not enough to settle the market. Revenue for Tesla has grown year-over-year, increasing by 24% in the third quarter. The company’s stock price […]