Tesla Spikes On Earnings Beat

  • Tesla Motors Inc TSLA reports Q3 EPS of $0.15, $0.05 above the Street’s consensus.
  • Revenue of $2.29 billion, misses estimates by $60 million.
  • Shipments rose by 114 percent year-over-year, to 24,821.
  • Tesla said it still expects to deliver about 50,000 new vehicles during the second half of the year, with Q4 deliveries “just over” 25,000 units.
  • Shares of Tesla are trading up almost 5 percent after hours at $214.66.
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