Among the bullish nuggets Musk shared included a prediction Tesla deliveries would grow by 25% to 30% next year and that he expects its self-driving taxi service to launch in California and Texas in 2025. Tesla’s after-hours rally equates to a whopping $81 billion in added market capitalization.

Tesla TSLA released its highly anticipated third-quarter 2024 results yesterday after the closing bell, delivering a mixed bag of surprises. While revenues fell short of expectations, the electric vehicle (EV) giant managed to pull off an earnings beat in the September quarter,

I maintain a Buy rating on Tesla with a $355 price target, anticipating 10-15% earnings growth annually over the next five years. Read more on TSLA stock here.

Tesla's stock soars after strong third-quarter earnings, with Elon Musk focusing on profitability and future vehicle launches.

Ahead of Tesla's Q3 earnings call on Wednesday, retail investors are clamoring for more detail about Tesla's long-rumored affordable electric car.

The world’s richest person got much richer Thursday as Tesla CEO Elon Musk enjoyed a major rally for Tesla stock after the electric vehicle company’s latest earnings report encouraged Wall Street. Tesla’s share price spiked almost 17% by 10 a.

"Preparations remain underway for our offering of new vehicles — including more affordable models — which we will begin launching in the first half of 2025," the company said in its earnings report.

Tesla beat profit estimates for the third quarter, sending the stock up over 12% after hours. Elon Musk discussed FSD, Cybercab, and more on a call.

After two not-great quarters, Tesla had a stronger Q3 2024, with growth in services, regulatory credits, and energy.

Tesla's Frankfurt-listed shares rose 12% to a two-week high on Thursday, as a strong sales forecast cheered investors.

By Akash Sriram, Abhirup Roy (Reuters) -Tesla CEO Elon Musk said he expects vehicle sales to grow 20% to 30% next year, reassuring investors the company was improving its core business of selling electric vehicles profitably,