Tesla Inc.‘s (NASDAQ:TSLA) third-quarter earnings report revealed signs of a significant turnaround in gross margins, leading prominent Wall Street analyst Dan Ives to suggest that the worst may be behind the electric vehicle maker. What Happened: The company reported $25.18 billion in total revenue for the third quarter, representing an 8% increase year-over-year, though slightly missing analysts’ expectations of $25.37 billion. Automotive revenue grew by 2% to $20 billion compared to the same period last year. “Tesla made a huge step in the right direction with a massive margin rebound and a…
