The Afternoon Update with Lynlee Foo

Market View: Tesla's Q3 profit and the "Elon Musk Effect"


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Tesla’s latest earnings report topped analysts’ estimates even as revenue came in just shy of expectations, sending the stock popping 12% in extended trading to about $240.

This breaks the stock's losing streak since the Robotaxi announcement earlier this month.

Overall, it is a busy month for Tesla, not just in terms of announcements, but also for the man himself, Elon Musk, who has been making many appearances and headlines. 

How will the stock be impacted by the latest earnings result and by Elon Musk's latest antics?

Isaac Lim, Chief Market Strategist at global trading and investment platform Moomoo, shares his fundamental and technical analysis. 

See omnystudio.com/listener for privacy information.

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The Afternoon Update with Lynlee FooBy MONEY FM 89.3


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