Tesla Rockets Higher on Unexpected Earnings Beat
October 30, 2019 at 08:00 AM EDT
American automotive and energy company, Tesla ( TSLA ) , delivered a robust third-quarter earnings report after the close of trading on Wednesday, notching a surprise profit and explaining to shareholders that it is ahead of schedule with creating a fresh factory in Shanghai. Shares of the company rocketed over $300 a share, as much as 17% higher in after hours, placing them at their highest price since February.
