Molina Healthcare easily beats quarterly estimates for earnings and revenue.
Taylor McKenna sees a lot of positives for Tesla (TSLA) after a huge post-earnings rally, but cautions that valuation might be "overstretched" at current levels. As E.V. demand rises, Taylor is watching prices in critical materials like lithium, nickel, copper.
One analyst thinks Tesla was more forthcoming than usual in its earnings report, while another flagged financial progress on key margin metrics.
Tim Higgins, Wall Street Journal business columnist, joins 'Squawk Box' to discuss Tesla's quarterly earnings results, growth outlook, autonomous vehicle rollout, and more.
Steve Westley, former Tesla board member believes that full self driving cars are still the future, but Tesla is lagging behind Waymo. Westly also mentions that Tesla faces fierce competition from BYD, while CEO Elon Musk is overstretched in his many current roles.
Cannacord Genuity's George Gianarikas discusses Tesla's strong Q3 results, and how it could possibly achieve the 20-30% volume growth target laid out by CEO Elon Musk.
Tesla's results pleased investors as CEO Elon Musk applauded the automaker's progress and hinted that bigger things are ahead for the electric vehicle player.
Investors could see some respite on Wall Street as the index futures point to a positive start on Thursday after three straight days of losses. EV giant Tesla Inc. TSLA blew past expectations in terms of margins and earnings per share (EPS), although it missed revenue expectations.
“The inflection point in the Tesla story began last night,” says Dan Ives, equity research analyst at Wedbush Securities, as he examines third-quarter results from Tesla on “Bloomberg Surveillance.” -------- More on Bloomberg Television and Markets Like this video?
I maintain a Buy rating on Tesla with a $355 price target, anticipating 10-15% earnings growth annually over the next five years. Tesla's Q3 report exceeded expectations, showing revenue growth, margin improvement, and strong performance in the energy generation segment despite industry challenges. The company's operational excellence, including significant milestones in production and Supercharger network expansion, supports a promising long-term outlook.
Elon Musk thinks it would be "pointless" for Tesla to build a conventional EV costing about $25,000. The Tesla CEO said such a move would be "silly" and "at odds with what we believe" on its earnings call.
A look at the day ahead in U.S. and global markets from Mike Dolan