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

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

5 years ago
Anonymous $xdcOWPpsb_

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.

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