Tesla reported record third-quarter revenue that beat Wall Street estimates on Wednesday, driven by the highest quarterly sales of its electric vehicles as U.S. buyers rushed to lock in a key tax credit ahead of its expiry last month.

Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings at Tesla fell to $1.

Tesla returned to revenue growth in the third quarter as buyers rushed to take advantage of expiring tax credits. The electric vehicle maker's revenue climbed 12% year-over-year to $28.1 billion, topping analysts' expectations,

Proxy advisers ISS and Glass Lewis urge Tesla shareholders to reject Elon Musk's $1 trillion compensation plan — the largest CEO pay package in history.

Tesla needs to answer a few key questions during its earnings call, according to Cantor Fitzgerald analyst Andres Sheppard. The analyst, who rates Tesla's stock as overweight, wants CEO Elon Musk and his team to provide a series of updates about the rollout of its self-driving technology,