Tesla reports third-quarter earnings and free cash flow beating expectations
TSLA Tesla Inc
$374.58 -3.08%
View chart & analysis → - 1Tesla's third-quarter adjusted earnings per share (EPS) of $0.48 exceeded expectations.
- 2Tesla's third-quarter free cash flow of $1.53 billion outperformed the expected negative $4.92 billion.
- 3Tesla lowered its annual capital expenditure guidance from $25 billion to $20 billion.
So what's the key point?
Tesla's third-quarter profits and cash flow were better than what experts predicted. The company left $1.53 billion in cash, which was higher than expected.
Source Yahoo Finance +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.