Stocks making the biggest moves after hours: Tesla, IBM, Alcoa and more

A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022.

Companies make headlines after hours.

The electric vehicle maker's revenue fell short of expectations. Analysts had expected the company to report earnings of 99 cents adjusted earnings per share. The revenue was less than expected.

IBM beat analyst expectations in its third quarter earnings results and raised its full year growth outlook. According to Refinitiv, the tech company's adjusted earnings were higher than expected. The revenue came in at more than expected.

The stock rose after the company exceeded expectations. The company had adjusted earnings of $10.42 per share. Earnings of $9.54 per share were expected by analysts.

The oil and gas company's third-quarter earnings results fell short of expectations and the stock fell 1.8%. The company beat on revenue predictions.

The aluminum producer's shares fell after it reported a miss on third-quarter results. The company reported a loss of 33 cents per share, compared to the expectation of a gain of 8 cents per share. The company reported revenue that was lower than expected.