Tesla, Elon Musk
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Tesla blew away expectations in the third quarter, delivering 497,099 electric vehicles, a significant increase from the 462,890 cars it delivered in the year-ago period. Analysts polled by Bloomberg on average were expecting the company to deliver fewer than 440,000.
It’s worth remembering what happened to Tesla stock on Oct. 24, 2024, the day after the company reported third-quarter numbers: Shares jumped a whopping 22%. Better-than-expected earnings helped fuel the rise.
Tesla CEO Elon Musk warns “corporate terrorists” are trying to take away his $1 trillion pay package—and control over building out the company’s AI and robotic future.