Matthew Waterman
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Matthew Waterman in Brand Power,

Tesla Motors Up 10% After Q3 Results After Doing Even Worse Than Expected

Sure, that makes sense. Not. Tesla (TSLA) stock is up 10% after hours today after the company posted its third quarter results. Analysts were expecting a loss of 50 cents per share, but the company posted a 58 cent per share loss instead. They also missed on revenue expectations, which were expected to be $1.26 billion. Actual revenues were $1.24 billion.

The company did issue positive guidance numbers, and reported that they have a new CFO hired away from Alphabet (GOOGL). Elon Musk was heard murmuring something about hiring people from a graveyard. 

Tesla previously closed down $5.44 to $208.35. Google closed up $1.08 to $748.82