17 Hrs
Source:
الاقتصادية
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Tesla profits rise with AI growth
Tesla achieved third-quarter profits that exceeded analysts' expectations, with an adjusted earnings per share of 48 cents, reflecting a positive performance and dispelling concerns about its investments in new areas such as robotics and artificial intelligence. Although revenues were slightly below expectations, the cash burn rate was lower than anticipated, which led to the company's stock rising by 2% after the market closed in New York. These results confirm Tesla's success in achieving strong profits amid its expanding technological investments.
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