Tesla beat profit estimates for the third quarter, sending the stock up over 12% after hours. Elon Musk discussed FSD, Cybercab, and more on a call.

Among the bullish nuggets Musk shared included a prediction Tesla deliveries would grow by 25% to 30% next year and that he expects its self-driving taxi service to launch in California and Texas in 2025. Tesla’s after-hours rally equates to a whopping $81 billion in added market capitalization.

Tesla (TSLA) stock was ralling Thursday after the company delivered earnings that largely surprised Wall Street and Elon Musk delivered a new round of optimistic forecasts.

Tesla stock is rallying after the EV maker's Q3 profits topped estimates and CEO Elon Musk gave an upbeat outlook for next year's deliveries.

Tesla said on Wednesday it expects to achieve slight growth in vehicle deliveries this year and reported a third-quarter profit that handily beat Wall Street estimates as its costs of making a car fell to a record low.