rallied Thursday as investors looked past CEO Elon Musk's ongoing trial to pile into the stock after it beat Wall Street's revenue and profit expectations for the fourth quarter.posted earnings per share
Tesla's revenue also grew 37% year on year to $24.3 billion for the fourth quarter, which narrowly beat analysts' $24.1 billion target and could show shareholders thathave helped to revive faltering demand. Musk said on an earnings call after Wednesday's closing bell that Tesla's"price changes really [made] a difference" in the fourth quarter of 2022.
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