fbpx
Monday, May 10, 2021
No menu items!

Tesla beats quarterly revenue expectations

Tesla beat Wall Street expectations for first-quarter revenue on Monday (April 26) after it posted record deliveries for the period earlier this month on robust demand from China.

The carmaker, led by billionaire entrepreneur Elon Musk, said revenue rose to $10.39 billion from $5.99 billion a year earlier.

Analysts had expected revenue of $10.29 billion, according to IBES data from Refinitiv.

Tesla topped revenue estimates for the previous five straight quarters

(Production: Aleksandra Michalska)

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Biden says he sees no evidence of involvement by Russian government in pipeline hack

U.S. President Joe Biden said on Monday (May 10) there was no evidence so far that Russia...

Biden administration concerned about escalating violence in Israel

The Biden administration has serious concerns about the escalating violence in Israel as tensions simmer with Palestinians in Jerusalem, White House press...

Bamboo cricket bat beats willow, scientists say

If a group of Cambridge University scientists have their way, cricket fans might soon have to become accustomed to the sound of...

Harris and Obrador discuss migration in virtual meeting

Mexican President Andres Manuel Lopez Obrador pitched a tree-planting jobs program in Central America that he said should lead to work visas...

Three people injured in New York’s Times Square shooting

Three people, including a four-year-old girl, were shot in New York City's Times Square after gunfire broke out in a dispute that...

More Articles Like This