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Business

Shanthi Rexaline

Tesla’s Record Revenue Spurs Optimism For $100 Billion Milestone

Benzinga Jeff Bezos Alphabet Inc Nasdaq Tesla Inc.

Tesla, Inc. reported quarterly record revenue of $24.93 billion after the market closed on Wednesday, surpassing the consensus estimate of $24.48 billion. The remarkable financial performance has sparked excitement about Tesla’s potential to hit a major revenue milestone. SPENCER PLATT/GETTY IMAGES

Tesla, Inc. (NASDAQ:TSLA) reported quarterly record revenue of $24.93 billion after the market closed on Wednesday, surpassing the consensus estimate of $24.48 billion. The remarkable financial performance has sparked excitement about Tesla’s potential to hit a major revenue milestone.

According to CTV National News anchor Jon Erlichman, if Tesla continues its impressive performance in the third and fourth quarters, it could reach the $100 billion annual revenue mark faster than many large-cap companies.

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