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Tesla (TSLA) has released its financial results and shareholders letter for the third quarter of 2021 after market close today.
We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information.
Tesla Q3 2021 earnings expectations
Yesterday, we posted our Tesla earnings preview with Wall Street expectations.
The Wall Street consensus for this quarter is $14.005 billion in revenue and earnings of $1.59 per share.
Those expectations are super high because of Tesla’s giant increase in deliveries during the quarter.
Tesla Q3 2021 earnings results
The automaker has now released its Q3 2021 results and it shows Tesla has mostly met those expectations.
Tesla reports revenue of $13.757 billion, which is a little below expectations, and earnings of $1.86 per share (non-GAAP), over expectations.
We will be posting our follow-up posts here about the earnings and conference call to expand on the most important points (refresh the page to see the most recent posts):
Here’s Tesla’s Q2 2021 shareholder letter and presentation in full:
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