Tesla (TSLA) shares surge after the electric vehicle (EV) giant reported better-than-expected earnings and commented on the timeline for its highly anticipated affordable vehicle. Yahoo Finance’s Auto Reporter Pras Subramanian joins Catalysts Hosts Seana Smith and Madison Mills to break down what investors need to know about the results.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Naomi Buchanan.