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Tesla beats quarterly revenue estimates

Akanksha Rana and Tina Bellon

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Tesla beat analysts' estimates for third-quarter revenue as it made record vehicle deliveries, overcoming disruptions caused by the COVID-19 pandemic.

Shares of the world's most valuable auto maker, which have surged about five-fold this year, were up 4.3 per cent at $US440.81 in extended trade after it reported its fifth consecutive quarter of profit.

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Reuters

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    Original URL: https://www.afr.com/companies/transport/tesla-beats-quarterly-revenue-estimates-shares-take-off-20201022-p567es