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.
Tesla posts small 4Q profit but misses Wall Street estimates
Jan 30, 2019, 10:36pm UTC
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.