Tesla beat Wall Street estimates by showing strong cash management skills, but problems remain even if its cult followers refuse to see them, says TheStreet’s Jim Cramer. On Wednesday after the market close, Tesla reported Q3 revenue of $2.3 billion, up 145% annually, and adjusted earnings of $0.71. The former was slightly below a $2.35 billion consensus analyst estimate; with Tesla having already provided a preliminary Q3 vehicle delivery figure, analysts had a good handle on the company’s sales. The latter was well above a $0.09 a share consensus, thanks to the boost provided by $139 million in zero emission vehicle (ZEV) credit revenue.
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