Tesla Races Toward $100B Annual Revenue For 1st Time — But Will It Be Faster Than Large Cap Peers?

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.

On Track For $100B? 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. 

In the first quarter, Tesla recorded revenue of $23.33 billion, bringing the total for the first half of the year to $47.81 billion.

Estimates for the third and fourth quarters …

Full story available on Benzinga.com

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