Tesla reports first-quarter profit despite coronavirus impact
https://www.mercurynews.com/2020/04/29/tesla-reports-first-quarter-profit-despite-coronavirus-impact/
Tesla on Wednesday reported better-than-expected sales for its first quarter, despite having its vehicle production affected by shutdowns at its factories in Fremont and Shanghai due to the worldwide coronavirus pandemic.
After U.S. stock markets closed, Tesla said sales for the months of January, February and March totaled $5.99 billion, up from $4.54 billion in the same period a year ago. Wall Street analysts had forecast Tesla to report sales of $5.9 billion.
Tesla reports first-quarter profit despite coronavirus impact
Apr 29, 2020, 10:28pm UTC
https://www.mercurynews.com/2020/04/29/tesla-reports-first-quarter-profit-despite-coronavirus-impact/
> Tesla on Wednesday reported better-than-expected sales for its first quarter, despite having its vehicle production affected by shutdowns at its factories in Fremont and Shanghai due to the worldwide coronavirus pandemic.
> After U.S. stock markets closed, Tesla said sales for the months of January, February and March totaled $5.99 billion, up from $4.54 billion in the same period a year ago. Wall Street analysts had forecast Tesla to report sales of $5.9 billion.