Record sales push Tesla to 2nd straight quarterly profit
https://apnews.com/44c953ff63ae06b6f492d20141e16aa6
DETROIT (AP) — Record electric vehicle sales in the fourth quarter helped to push Tesla Inc. to its second-straight quarterly profit, giving bullish investors optimism that sustained black ink lies ahead.
The Palo Alto, California, company said it made a net profit of $105 million from October through December, or 58 cents per share but still posted an annual loss.
Record sales push Tesla to 2nd straight quarterly profit
Jan 29, 2020, 10:35pm UTC
https://apnews.com/44c953ff63ae06b6f492d20141e16aa6
> DETROIT (AP) — Record electric vehicle sales in the fourth quarter helped to push Tesla Inc. to its second-straight quarterly profit, giving bullish investors optimism that sustained black ink lies ahead.
> The Palo Alto, California, company said it made a net profit of $105 million from October through December, or 58 cents per share but still posted an annual loss.