Market Movers gathered the best investor and analyst reactions to Tesla. Professionals including Jim Cramer discussed the electric vehicle maker the day after it released second-quarter results. Late Wednesday, Tesla reported earnings of 91 cents per share and revenue of $24.93 billion, both exceeding analysts’ estimates. Despite the beats and despite announcing its best quarterly earnings ever, Tesla’s operating margin fell to 9.6%. The stock closed down 9.7% on Thursday.
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Source by [CNBC News]
