On Wednesday, electric vehicle manufacturer Tesla released its adjusted third financial quarter report, revealing the company missed analysts’ earnings and revenue expectations for Q3.
Tesla reportedly pulled in earnings of $0.66 per share during Q3, down 37% year-over-year.
Meanwhile, Wall Street had previously predicted Tesla to pull in earnings of $0.73 per share.
Tesla likewise only brought in $23.4 billion in revenue during Q3 compared to the $24.1 forecasted by analysts.
