Tesla's post-market gain expanded to 7.8%, with its gross margin higher than in the previous reporting quarter
Tesla (TSLA. O) extended after-hours gains to 7.8%, with its gross margin higher than the previous reporting quarter. Tesla's gross margin in Q3 2024 was 19.8%, compared to 18% in the previous quarter. It expects 2024 vehicle deliveries to increase slightly, and energy storage deployment is expected to more than double year-on-year in 2024.