Tesla beats quarterly revenue estimates

In this news, we discuss the Tesla beats quarterly revenue estimates.

(Reuters) – Tesla Inc beat analyst estimates for third-quarter revenue on Wednesday by making record vehicle deliveries, overcoming disruptions caused by the COVID-19 pandemic.

Revenue reached $ 8.77 billion, up from $ 6.30 billion a year earlier. Analysts were expecting revenue of $ 8.36 billion, according to IBES data from Refinitiv.

Reporting by Akanksha Rana in Bengaluru and Tina Bellon in New York; Editing by Bernard Orr

Original © Thomson Reuters

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