Tesla says new factories will need time to ramp up, posts record revenue

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Go back to Tesla says new factories will need time to ramp up, posts record revenue

Tesla (TSLA) PT Raised to $625 at Cowen

October 21, 2021 8:44 AM EDT

Cowen analyst Jeffrey Osborne raised the price target on Tesla (NASDAQ: TSLA) to $625.00 (from $580.00) while maintaining a Market Perform rating.

The analyst commented, "Tesla delivered EPS upside as record margins reflected increased volumes and improved mix from Model Y strength.... More

Tesla's (TSLA) Giga Berlin Hits Another Stumbling Block, November Start Now Very Unlikely

October 21, 2021 5:47 AM EDT

Teslas (NASDAQ: TSLA) hopes of starting EV production at its new plant in Berlin, Germany, hit a new stumble block today after the regional environment ministry said it has to repeat the citizen consultation process.

A new consultation process will start on November 02 and last for 20 days. It will be open to those citizens who objected to the Giga Berlin factory... More

Tesla (TSLA) Reported Q3 Beat, Achieved Record Profitability

October 20, 2021 4:33 PM EDT

Tesla (NASDAQ: TSLA) reported its Q3 earnings result, with EPS coming in at $1.86 and revenue at $13.76 billion (up 57% year-over-year), beating the consensus estimates of $1.58 and $13.62 billion, respectively.

Q3 was a record quarter, as the company achieved its best-ever net income, operating profit,... More