Tesla posts small 4Q profit but misses Wall Street estimates
https://apnews.com/03722d3d9c944e95b00d4a8f56b359cf
DETROIT (AP) — Tesla eked out a small fourth-quarter profit to close 2018, but fell short of Wall Street estimates. Now it faces the difficult task of sustaining profits while facing a major debt payment amid slowing demand for pricier versions of its electric vehicles.
Palo Alto, California-based Tesla posted net income of $139.48 million, or 78 cents per share, from October through December. It reported two straight quarterly net profits for the first time since going public in 2010.