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via finance.yahoo.comBusiness & Companies

Tesla shares rise after hours as automotive margin improves and free cash flow turns positive

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Tesla on Wednesday said its quarterly automotive gross margin improved and its free cash flow turned positive, sending shares of the company up more than 1% after hours. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishBetter margins and positive cash flow support the stock, while a possible SpaceX merger remains an uncertainty factor.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Tesla's quarterly automotive gross margin improved and free cash flow turned positive.
  2. 02Shares rose more than 1% after hours.
  3. 03Tesla and SpaceX each formed special committees to explore a possible merger, with no guarantee of a deal.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Tesla, Inc.TSLAStock386.47 USDMarket closedtoday +3.41%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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