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. [{ "selector": ".umepf-a", "duration": "2500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(-365.25028784472835px)", "opacity": 1}, {"offset": 1, "transform": "translateX(0)", "opacity": 1} ] }]

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

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