TSLA stock has jumped almost 32% in just three trading sessions following Tesla’s (NASDAQ:TSLA) unexpected profit in the third quarter. Moreover, several analysts have been upgrading the stock following robust earnings.
Impressive Q3In addition to posting a profit in the quarter, Tesla’s free cash flow and bottom line were equally exceptional for the period. The gain in Tesla stock on Friday comes after previously bearish analysts positively revised their price targets on TSLA.
The company’s Q3 revenue was within analysts’ projections, but the $1.86 EPS beat the $0.42 loss per share that most ...
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