Tesla Shares Surge After Financial Results
Stock Performance: Tesla shares rose 12% in after-hours trading.
Market Value Impact: Increase added approximately $80 billion to Tesla's market value.
Profit Margin: Company reported higher-than-expected profit margins for Q3.
Net Profit Growth: Net profit increased by 17.3% year-over-year to $2.2 billion (up from $1.85 billion).
Sales Strategies: Despite price cuts and reduced financing rates, Tesla achieved its first quarterly profit increase of the year.
