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StockWatch: Tesla Reports Record Revenues!

Name: StockWatch: Tesla Reports Record Revenues!
Uploaded: 2021-10-21
Channel: David Kindley
Description: Tesla has posted record revenue and profits in Q3 once again. The company reported $1.62bn in net income, the second time it has surpassed $1 billion.The improved gross margins of 30.5% on its automotive business drove the record results.IBM shares f

By David Kindley Last updated Feb 10, 2026 301 0

Tesla has posted record revenue and profits in Q3 once again. The company reported $1.62bn in net income, the second time it has surpassed $1 billion.

The improved gross margins of 30.5% on its automotive business drove the record results.

IBM shares fell as much as 5% in extended trading after the company issued third-quarter results, including lower revenue than analysts had expected.

What a roll-reversal for the earnings season!

Timestamps:

TSLA 01:40
IBM 03:15

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David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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