Tesla Advances as Revenue Beats Estimates: San Francisco Mover
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Tesla Motors Inc., the electric-car maker led by Elon Musk, rose the most in almost six months after the company’s third-quarter revenue exceeded analysts’ estimates as Model S production accelerates.
The shares increased 8.9 percent to $31.50 at the close in New York, for their biggest gain since May 10. They have climbed 10 percent this year.