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Benzinga
Benzinga
Business
Adam Eckert

Ark Invest Analyst Sees This Tesla Product Driving EV Stock To $4,600 Per Share

Tesla Inc (NASDAQ:TSLA) reported record quarterly results on Wednesday sending shares higher by nearly 10%, but one Ark Invest analyst remains focused on what CEO Elon Musk said during the company's earnings call.

What To Know: Tesla reported first-quarter revenue growth of 81% year-over-year. Revenue totaled $18.76 billion, which beat the $17.76 billion estimate, according to data from Benzinga Pro. The EV company reported quarterly earnings of $3.32 per share, which beat the estimate of $2.26 per share.

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