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Tesla’s Earnings Miss Shows Price-Cut Pain Isn’t Over

Por: MarketWatch Business October 18, 2023

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The after-hours move comes after a tough day. Tesla shares fell almost 5% in regular trading, closing at $242.68. Wednesday evening, Tesla (ticker TSLA) reported adjusted earnings per share of 66 cents from sales of $23.4 billion. Wall Street was looking for about 70 cents a share and $23.9 billion in sales. Tesla reported $1.05 a share from sales of $21.5 billion in the third quarter of 2022. Automotive gross profit margins excluding sales of... + full article



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