https://www.cnbc.com/2019/03/01/elon-musk-thought-tesla-would-be-profitable-and-now-he-doesnt.html > How rapidly things change in Silicon Valley. > A month ago, Tesla CEO Elon Musk seemed confident the electric car maker would turn a profit in the first quarter. Now he's predicting a loss. The reversal — disclosed on a media call Thursday night — overshadowed what was supposed to be good news during a tough week of headlines: Tesla was finally unveiling its long-awaited Model 3 sedan at $35,000.