Tesla (TSLA) Tops Q3 EPS by 28c

Tesla (TSLA) PT Raised to $625 at Cowen

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 (TSLA) PT Raised to $1,040 at Canaccord Genuity

Canaccord Genuity analyst Jed Dorsheimer raised the price target on Tesla (NASDAQ: TSLA) to $1,040.00 (from $940.00) while maintaining a Buy rating.

The analyst commented, "Post Teslas 3Q21, we are maintaining our BUY rating and increasing our PT to $1,040, which is based... More

Tesla (TSLA) Beats EPS and Revenue Views on Improving Gross Margins, Analysts Praise Very Solid Quarter But Warn of 'Aggressive Valuation' as Stock 'Priced to Perfection'

Shares of Tesla (NASDAQ: TSLA) are down about 1% in pre-open Thursday despite the EV giant posting better-than-expected Q3 results.

Elon Musk and Co reported Q3 EPS of $1.86 to beat the analyst estimate of $1.58. Revenue for the quarter came in at $13.76 billion versus the consensus estimate of $13.62 billion.

Record results were fueled by even stronger gross margins - 30.5% on the auto business and 26.6% overall.

The third quarter of 2021 was a record quarter in many respects. We achieved our best-ever net income, operating profit and gross profit. Additionally, we reached an operating margin of 14.6%,... More

Tesla (TSLA) Reported Q3 Beat, Achieved Record Profitability

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