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Tesla profit on 3rd quater 2018? (☶ 1)

Predictions:

A: TSLA profit on 3rd quater

B: TSLA still lose money

GoBackCheck: 2018-10-25 Not?

Facts / Results:

A: TSLA profit on 3rd quater

B: TSLA still lose money

Poll closed

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2018-10-24 14:19:56 by SimpleMind 0 0

The 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

LLy7,0,0
A Re SimpleMind 2018-10-26 15:49:00 by SimpleMind 0 0

Tesla 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.

MLy7,0,0

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