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tesla stock quote after hours

Tesla Stock Quote After Hours

Tesla Stock Rises After Hours on Strong Earnings Report

Tesla's stock price rose after hours on Tuesday, following the release of the company's strong earnings report. The stock rose by over 5% in after-hours trading, after the company reported better-than-expected earnings and revenue for the fourth quarter of 2022.

Tesla's Earnings Report

Tesla reported fourth-quarter earnings per share of $1.19, which beat analysts' estimates of $1.13. The company also reported revenue of $24.32 billion, which was above analysts' estimates of $24.16 billion.

Tesla's strong earnings report was driven by strong demand for its electric vehicles. The company delivered a record number of vehicles in the fourth quarter, and it expects to continue to grow its production and deliveries in 2023.

Outlook for Tesla Stock

Analysts are generally positive on Tesla's stock after the company's strong earnings report. Many analysts have raised their price targets for the stock, and some analysts believe that the stock could continue to rise in the coming months.

However, there are some risks to consider before investing in Tesla stock. The company is facing increasing competition from other electric vehicle manufacturers, and it could be difficult for Tesla to maintain its market share in the coming years.