Tesla’s Profits Soar but Tesla’s Stock Falls After Q3 Earnings

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Tesla (TSLA 3.45%) reported fiscal 2022 third-quarter earnings after the markets closed on Wednesday, Oct. 19. Profits jumped higher in the quarter, but the stock fell as investors worry about customer demand amid a slowing global economy.

*Stock prices used were the afternoon prices of Oct. 20, 2022. The video was published on Oct. 21, 2022.

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