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(Bloomberg) — Tesla Inc. surpassed Wall Street estimates for earnings in the third quarter and projected a slight increase in deliveries for the current year, reflecting a rebound in demand for its electric vehicles. Most Read from Bloomberg The company on Wednesday reported adjusted earnings of 72 cents per share …

Tesla (TSLA) reported mixed third quarter results after the bell on Wednesday, but the stock jumped in after-hours trading as investors cheered the earnings beat, higher gross margins, and news that Tesla’s cheaper EV is on track for production next year. CEO Elon Musk also added on the earnings call …

DETROIT (AP) — Tesla’s third-quarter net income rose 17.3% compared with a year ago as its quarterly electric vehicle sales rose for the first time this year. The Austin, Texas, company said Wednesday that it made $2.17 billion from July through September, more than the $1.85 billion profit it posted …

(Reuters) – Tesla reported a higher-than-expected profit margin for the third quarter on Wednesday even as it offered lucrative financial incentives to boost demand for its aging electric vehicle line up. Shares of the Austin, Texas-based automaker rose 4.8% in trading after the bell. Tesla said earlier this month that …

Nvidia (NVDA) says it has fixed a design flaw in its latest artificial intelligence chips that led to production and shipping delays. The chipmaker worked with its partner, Taiwan Semiconductor Manufacturing Company (TSM), to resolve the engineering setback in its highly anticipated Blackwell AI platform. “It was functional, but the …

Stocks slumped on Wednesday as doubts about rate cuts weighed on investors dealing with a busy day of earnings highlighted by Boeing (BA) and Tesla (TSLA). The Dow Jones Industrial Average (^DJI) fell more than 500 points, or 1.2%. The tech-heavy Nasdaq Composite (^IXIC) slid about 2%, while the benchmark …

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Boeing (BA) released third quarter earnings on Wednesday morning, highlighting the precarious nature of the plane maker ahead of another momentous event: a labor vote set for later Wednesday. Boeing reported a net loss of $6.17 billion, bringing total losses in 2024 so far to nearly $8 billion. It said …

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