Wall Street skeptical of Tesla's promise to post net profit

Wall Street skeptical of Tesla's promise to post net profit

6 years ago
Anonymous $oIHRkISgaL

https://apnews.com/4bee9b9842624e869a3363930ebfbdea

Tesla is showing some promising signs that it will make money as advertised in the third quarter, but Wall Street isn't buying it.

The electric car and solar panel maker delivered more than 80,000 vehicles from July through September, and CEO Elon Musk told employees late in the quarter that it was close to profitability.

Wall Street skeptical of Tesla's promise to post net profit

Oct 24, 2018, 5:14am UTC
https://apnews.com/4bee9b9842624e869a3363930ebfbdea > Tesla is showing some promising signs that it will make money as advertised in the third quarter, but Wall Street isn't buying it. > The electric car and solar panel maker delivered more than 80,000 vehicles from July through September, and CEO Elon Musk told employees late in the quarter that it was close to profitability.