Tesla rallying on earnings beat

Investing.com

Updated Wed, Aug 2, 2017, 7:24 PM

Investing.com - Shares of Tesla Inc (NASDAQ:TSLA) were rallying in the after hours session after the company released its second quarter results, which came in better than analysts were expecting.

Tesla lost $1.33 per share in the quarter, better than the $1.80 analyst forecast compiled by Yahoo Finance. Revenue was $2.8 billion, up 120.5% year-over-year, and above the $2.55 billion analysts were expecting.

Tesla shares gained 2% in the regular session, and they were up another 2% in the after hours.

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Tesla rallying on earnings beat

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