Tesla released a report with first-quarter results that beat analysts. The company reported earnings per share of $3.22 and revenue of $18.76B. Analysts, had assumed in forecasts that earnings per share would be $2.24 and total revenue would be $17.63B.
Tesla shares were up 4.64% - trading at $1,022.55 after market close, according to the report.
Tesla's stock price, up 12% this year, has performed better than the overall S&P 500 index, which is down 6% since the beginning of the year.
