Summary
Tesla Misses
Tesla (TSLA) reported 3rd Quarter September 2020 earnings of $0.63 per share on revenue of $8.8 billion. The consensus earnings estimate was $0.58 per share on revenue of $8.2 billion. The Earnings Whisper number was $0.82 per share. Revenue grew 39.2% on a year-over-year basis.
Tesla Motors Inc designs, develops, manufactures and sells high-performance fully electric vehicles and electric vehicle powertrain components.
Results
Reported Earnings
$0.63
Earnings Whisper
$0.82
Consensus Estimate
$0.58
Reported Revenue
$8.77 Bil
Revenue Estimate
$8.20 Bil
Growth
Earnings Growth
Revenue Growth
Earnings Release
Tesla Releases Third Quarter 2020 Financial Results
PALO ALTO, Calif., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Tesla has released its financial results for the third quarter of 2020 by posting an update on its Investor Relations website. Please visit http://ir.tesla.com to view the update.
As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the results and outlook.
- What: Tesla Third Quarter 2020 Financial Results Q&A Webcast
- When: Wednesday, October 21, 2020
- Time: 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time
- Q3 2020 Update: http://ir.tesla.com
- Webcast: http://ir.tesla.com (live and replay)
The webcast will be archived on the company’s website following the call.
Investors Relations Contact:ir@tesla.com
Source: Tesla, Inc.
