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Tesla’s (TSLA) third-quarter (Q3) financials were not as bad as expected, sending its share price higher. The electric vehicle (EV) giant reported adjusted earnings of $0.72 per share, significantly surpassing analysts’ expectations of $0.58. However, revenue for the quarter came in at $25.18 billion, slightly missing the forecast of $25.37 billion. Despite this mixed performance, Tesla stock is up more than 14% in premarket trading today. This spike reflects management’s optimistic outlook on production and delivery volumes, visibility over the launch of a lower-cost EV, and substantial impro…

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