Tesla's profit for the third quarter was significantly higher than what analysts had predicted, and the stock of the American electric car giant rose sharply on the New York stock exchange.
The profit per share amounted to 72 cents, compared to the expected 58 cents. However, the revenue did not meet expectations – the revenue remained at 25.2 billion dollars, where the forecast was 25.4 billion dollars, equivalent to 269 billion kronor.
One of the good news was that the Cybertruck model was sold with a profit for the first time, partly thanks to the production being ramped up of the futuristic stainless steel pickup.
Tesla's stock rose around 9 percent in after-hours trading on Wall Street.
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