Tesla sees profit in every 2019 quarter, but lack of subsidy bites

Tesla sees profit in every 2019 quarter, but lack of subsidy bites

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-tesla-electric-results/tesla-sees-profit-in-every-2019-quarter-but-lack-of-subsidy-bites-idUSKCN1PO2X5

Tesla Inc eked out a small quarterly profit on Wednesday and predicted it would be profitable every quarter this year, but acknowledged that the erosion of a federal tax credit in 2019 would cut into sales of its vehicles, disappointing investors.