PTOL
10-24

$Tesla Motors(TSLA)$ Tesla is up 13% in premarket trading after the electric-vehicle maker reported third-quarter adjusted earnings of 72 cents a share, smashing analysts’ estimates of 60 cents, and operating profit margins jumped 3.2 percentage points year over year to 10.8%, better than Wall Street expectations of about 8%. Tesla expects to sell more vehicles in 2024 than it did the previous year, implying it will deliver at least 515,000 vehicles in the fourth quarter, which would be a record, and better than the 490,000 vehicles currently projected by Wall Street. The company also said a lower-priced vehicle will begin production in the first half of 2025


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