Instant Reaction: Tesla Earnings Miss Despite A Sales Surge

Instant Reaction: Tesla Earnings Miss Despite A Sales Surge

Tesla posted third-quarter profit that fell short of Wall Street’s expectations despite record electric-vehicle sales, a sign of the pressure automakers are facing from shifting federal policies and rising costs.

Adjusted earnings were 50 cents per share in the period, the company said Wednesday in a statement. Analysts had expected 54 cents on average in estimates compiled by Bloomberg. Revenue was $28.1 billion.

For instant reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with:

  • Bloomberg Tech Co-Host Ed Ludlow
  • Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management

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Episoder(3469)

Instant Reaction: Apple Slides After Supply Shortages Hurt Its Sales Forecast

Instant Reaction: Apple Slides After Supply Shortages Hurt Its Sales Forecast

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Instant Reaction: Amazon Reports Cloud Sales Growth for Fifth Straight Quarter

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30 Jul 18min

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UEFA Votes to Boycott World Cup in Protest to FIFA Selloff

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29 Jul 17min

Ford Shares Climb as Profit-Rich SUVs Drive Outlook Higher

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Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu -Craig Trudell, Bloomberg Managing Editor of Global Business Cover...

29 Jul 20min

Boeing Beats on Cash Flow, Books New Charge on Air Force One

Boeing Beats on Cash Flow, Books New Charge on Air Force One

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu -George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense...

28 Jul 21min

Nvidia’s $750 Billion in Deals Reignite Circular AI Fears

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Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu - Ed Ludlow, Bloomberg Tech Anchor, discusses Nvidia working on AI...

27 Jul 16min

Special Edition: Nvidia CEO Jensen Huang on Investing in South Korea

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25 Jul 14min

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