Tesla Motors Inc. (TSLA) reported first quarter adjusted EPS of $0.12 after the bell Wednesday, which topped the consensus estimate of $0.04. This was the company's first-ever quarterly profit in ten years. Revenues surged 83 percent to $561.8 million from $30.2 million last year. Analysts expected revenues of $492.02 million.
Tesla Motors gapped open sharply higher Thursday, but traded in a range for the bulk of the session. The stock ended the day with a gain of 13.61 at $69.40 on the highest volume of the year. Tesla Motors has been rising for the last month and a half and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.