In what can easily be described as a monster earnings surprise, Tesla yesterday posted a quarterly profit to the tune of $1.91 per share. In the build-up to Tesla’s earnings report, analysts were anticipating the EV company to post a loss in the range of $0.24 per share. Naturally, shares of Tesla quickly skyrocketed and are currently up by nearly 44 points in trading today.
During Tesla’s accompanying earnings conference call, Tesla CEO Elon Musk touched on a number of topics, including some interesting details regarding the company’s plan to roll out the Tesla Semi and a brand new pickup truck. Of particular interest, though, were Musk’s remarks regarding an impending over-the-air software update that will improve performance across all Tesla models.
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Tesla Model 3, S, and X will all get longer range and faster acceleration in software update originally appeared on BGR.com on Thu, 24 Oct 2019 at 19:34:47 EDT. Please see our terms for use of feeds.
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