{"id":11891,"date":"2023-10-18T22:38:14","date_gmt":"2023-10-18T20:38:14","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/10\/18\/tesla-earns-690m-less-than-expected-in-third-quarter\/"},"modified":"2023-10-18T22:38:14","modified_gmt":"2023-10-18T20:38:14","slug":"tesla-earns-690m-less-than-expected-in-third-quarter","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/10\/18\/tesla-earns-690m-less-than-expected-in-third-quarter\/","title":{"rendered":"Tesla earns $690m less than expected in third quarter"},"content":{"rendered":"<p>Revenue falls short of predictions as investors anticipate Cybertruck, Elon Musk\u2019s super-vehicle in prototype<\/p>\n<p>Tesla shares slid nearly 5% in after-hours trading Wednesday after several misses on Wall Street expectations in its third quarter earnings of 2023.<\/p>\n<p>Revenue for the third quarter was $23.4bn compared to analyst predictions of $24.09bn, with total gross profit declining 22% year-over-year. Earnings per share were $0.66 compared to a predicted $0.74, translating to a net income of $1.9bn \u2013 compared to $3.3bn one year ago.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/oct\/18\/elon-musk-tesla-third-quarter-earnings-decline-cybertruck\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/92368c6e46b216967c26aa8b4d49859a6de011f2\/860_816_3640_2185\/master\/3640.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=1861a753ae90d48aac35f555b3385d15\" title=\"Tesla earns $690m less than expected in third quarter\" \/>Revenue falls short of predictions as investors anticipate Cybertruck, Elon Musk\u2019s super-vehicle in prototype<br \/>\nTesla shares slid nearly 5% in after-hours trading Wednesday after several misses on Wall Street expectations in its third quarter earnings of 2023.<br \/>\nRevenue for the third quarter was $23.4bn compared to analyst predictions of $24.09bn, with total gross profit declining 22% year-over-year. Earnings per share were $0.66 compared to a predicted $0.74, translating to a net income of $1.9bn \u2013 compared to $3.3bn one year ago. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Revenue falls short of predictions as investors anticipate Cybertruck, Elon Musk\u2019s super-vehicle in prototype Tesla shares slid nearly 5% in after-hours trading Wednesday after several misses on Wall Street expectations in its third quarter earnings of 2023. Revenue for the third quarter was $23.4bn compared to analyst predictions of $24.09bn, with total gross profit declining &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/10\/18\/tesla-earns-690m-less-than-expected-in-third-quarter\/\"> <span class=\"screen-reader-text\">Tesla earns $690m less than expected in third quarter<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":11892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11891"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=11891"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/11892"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=11891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=11891"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=11891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}