2018-10-24 14:19:56
by SimpleMind
♥0 ♦0The earning report is on Wednesday, October 24, 2018.
Tesla CEO Elon Musk told employees late in the quarter that it was close to profitability.
Most of the analysts who are following the stock do not expect Tesla to make money.
Tags: TSLA Tesla profit
A Re SimpleMind
2018-10-26 15:49:00
by SimpleMind
♥0 ♦0Tesla reported a profit of $311.5 million, or $1.75 per share, for the third quarter ended Sept. 30, compared with a loss of $619.4 million, or $3.70 per share, a year earlier.
Free cash flow of $881 million.
Tesla said earlier this month it built 53,239 Model 3 sedans in the quarter, in line with its target of 50,000 to 55,000 vehicles, and delivered 55,840 of the cars to customers.