Margins return for AI leader

Margins return for AI leader

Tesla is arguably one of the most advanced AI companies in the world, but its stock is dictated by margins. Over the past three years, Tesla’s average gross profit per vehicle down 60%, falling from more than $14,400 in Q3 2021 to less than $6,000 in Q2 2024, underscoring the difficulties Tesla has faced in … Read more

Tesla delivers solid third-quarter earnings as Musk’s company returns to profit growth

Tesla delivers solid third-quarter earnings as Musk's company returns to profit growth

Upper line Tesla posted a stronger third-quarter profit than Wall Street expected on Wednesday, as Elon Musk’s electric car maker reported its first year-over-year bottom-line growth in 2024. Tesla CEO Elon Musk appears at a town hall in Pennsylvania to support Donald Trump. Getty Images Key facts Tesla brought in $0.72 in adjusted earnings per … Read more