Tesla Stock Price Jumps After Record Earnings Report

TSLA shares jumped +6.93% Thursday after the Tesla posted its highest quarterly profit to date.

The Stock Rose 11% When Markets Opened, Trading At $1,085 A Share.

Tesla Q1 Earnings 7 Times More Than Year Ago On Strong Sales

The Electric Vehicle And Solar Panel Company Made A Record $3.32 Billion From January Through March.

Revenue For The Quarter Was $18.76 Billion, Also Beating Estimates Of $17.85 Billion.

Operating Profit Came In At A Record $3.6 Billion, Compared With Expectations For About $2.6 Billion.

 Elon Musk Said The Company Likely Would Produce More Than 1.5 Million Vehicles In 2022, Up 60% Over Last Year.

LIC IPO: New Launch Date

LIC IPO New Date