Tesla ( NASDAQ:TSLA – Get Free Report ) announced its earnings results on Wednesday. The electric vehicle producer reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.22, MarketWatch Earnings reports. The firm had revenue of $24.93 billion during the quarter, compared to analysts' expectations of $24.22 billion. Tesla had a return on equity of 27.29% and a net margin of 13.66%. The business's revenue was up 47.2% on a year-over-year basis.

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