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Oh my, Tesla, $1.82 earnings, third quarter.
Tesla shares jump after earnings report fulfills Elon Musk's profit and cash-flow promises
The company said Wednesday that it earned $311.5 million on $6.82 billion in revenue in the third quarter, delivering a quarterly profit for the third time since 2013. Free cash flow came in at a positive $881 million. Cash on hand rose to $3 billion, up $731 million from the second quarter.
Earnings were a positive $1.82 a share, well above analyst forecasts, which had ranged from a $1.75 loss to an 88-cent gain.
Presently at 314. LOL