Tesla's stock soars after company posts surprising 3Q profit

Tesla's stock soars after company posts surprising 3Q profit

5 years ago
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https://apnews.com/5b9b380c9ba3411c811b220723143283

SAN FRANCISCO (AP) — Tesla posted a surprising profit of $143 million in its latest quarter, raising hopes the electric car pioneer may finally be turning the corner after posting mostly losses during its first decade as a publicly held company.

The positive results announced Wednesday came after Tesla lost $1.1 billion during the first half of the year. That had caused many investors to lose faith in the company even as it boosted sales of its vehicles.

Tesla's stock soars after company posts surprising 3Q profit

Oct 23, 2019, 10:13pm UTC
https://apnews.com/5b9b380c9ba3411c811b220723143283 > SAN FRANCISCO (AP) — Tesla posted a surprising profit of $143 million in its latest quarter, raising hopes the electric car pioneer may finally be turning the corner after posting mostly losses during its first decade as a publicly held company. > The positive results announced Wednesday came after Tesla lost $1.1 billion during the first half of the year. That had caused many investors to lose faith in the company even as it boosted sales of its vehicles.