Tesla profits rise with AI focus
Tesla achieved profits in the third quarter that exceeded analysts' expectations, with adjusted earnings per share of 48 cents, even though revenues were below forecasts. This alleviates concerns about the company's increased investments in new areas such as robotics and artificial intelligence. Additionally, cash flow experienced a much smaller drain than Wall Street estimates, and the company's shares rose by 2% after the market closed in New York.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)