Tesla earnings miss the mark, but stock gains after margins hold

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Tesla earnings miss the mark, but stock gains after margins hold
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Tesla stock rises more than 1% after earnings

Tesla Inc. reported quarterly earnings and sales that missed Wall Street expectations Wednesday, but, crucially, showed gross margins that were within forecasts.

Gross margins were 17.9%, a drop from 18.2% in the second quarter, and 25.1% in the third quarter of 2022.

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