News Snapshot:
Tesla's third-quarter revenue beat expectations. /CFP Tesla's third-quarter (Q3) revenue beat expectations on the back of record deliveries, especially by its Chinese factory, but the company still faces pressures from the global supply-chain crisis. Total revenue grew 57 percent year on year to $13.76 billion in the third quarter, which was primarily achieved through growth in vehicle deliveries, as well as growth in other parts of the business. Analysts had expected revenue of about $13.63 billion, according to IBES data from Refinitiv. The company posted robust sales in China, where its giant Shanghai factory has surpassed the Tesla factory in...
