Similar Stories to Tesla Makes $2.2 Billion In Profit During Q3 2024 on Bing News

After a rocky first half of the year, Tesla enjoyed a much healthier third quarter in 2024. As we learned earlier this month, it arrested a slide in sales, delivering 6 percent more electric vehicles year over year. But the automotive side of the business was essentially flat—Tesla attributes its success to its second-best quarter ever for regulatory credits, as well as making it cheaper to build the cars it sells. Automotive revenues grew by 2 percent to $20 billion for the third quarter, less than the growth in deliveries.

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BING NEWS:
  • Tesla Surprises With Sales Forecast and Cost Efficiency, Shares Jump
    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 ...
    10/23/2024 - 9:25 pm | View Link
  • Impressive Results From GM Are A Boost Of Confidence
    GM exceeded expectations with Q3 results, driving an 80% share price increase. Despite a lagging EV market, sales surged. Read more on GM stock here.
    10/23/2024 - 8:11 pm | View Link
  • Tesla Q3 Results: Profit Rises 17% On Strong Sales; Projects 30% Growth For 2025
    Tesla's strong Q3 results mark a turnaround which had experienced declines in both sales and profits during the first half of the year ...
    10/23/2024 - 6:59 pm | View Link
  • Tesla's net profit rises in July-September quarter
    Tesla has reported an increase in net profit for the first time in three quarters, partly due to a recovery in electric-vehicle demand in China.
    10/23/2024 - 5:23 pm | View Link
  • Tesla posts surprise $2.17 billion third-quarter profit, up 17.3% from a year ago
    Tesla’s third-quarter net income rose 17.3% on stronger electric vehicle sales. An optimistic CEO Elon Musk predicted the company would achieve up to 30% sales growth next year.
    10/23/2024 - 3:13 pm | View Link
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