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Tesla stock price jumps after company announces $3 billion profit in first quarter (Video)

Tesla shares jumped Thursday after the company announced its highest quarterly profit to date, more than $3 billion, with $18.7 billion in revenue. Dan Ives, a managing director and senior equity analyst for Wedbush Securities, joins CBS News' Tanya Rivero and Mola Lenghi to discuss the "little electric engine that could."

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Tesla stock price jumps after company announces $3 billion profit in first quarter (Video)

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Tesla stock price jumps after company announces $3 billion profit in first quarter (Video)

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Summary
Tesla stock price jumps after company announces $3 billion profit in first quarter (Video)
Title
Tesla stock price jumps after company announces $3 billion profit in first quarter (Video)
Description

Tesla shares jumped Thursday after the company announced its highest quarterly profit to date, more than $3 billion, with $18.7 billion in revenue. Dan Ives, a managing director and senior equity analyst for Wedbush Securities, joins CBS News' Tanya Rivero and Mola Lenghi to discuss the "little electric engine that could." CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News: https://cbsn.ws/1PlLpZ7c Download the CBS News app: https://cbsn.ws/1Xb1WC8 Follow CBS News on Instagram: https://www.instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on Twitter: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsn.ws/1RqHw7T Try Paramount+ free: https://bit.ly/2OiW1kZ For video licensing inquiries, contact: licensing@veritone.com