The American manufacturer of electric cars “Tesla” (Tesla) announced a better-than-expected profit for the third quarter in the amount of 2.167 billion dollars, DPA and France Press report. In the same quarter of 2023, the company’s profit was $1.853 billion.
Tesla’s revenue for the period rose 7.8 percent to $25.182 billion from $23.350 billion in the July-September 2023 period.
The CEO of the company, Elon Musk, said that he expects the company’s sales to increase by 20-30 percent next year, with which he tried to reassure investors.
The company’s shares jumped 12 percent after the market closed, boosting Tesla’s stock market value by about $80 billion.
