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01-31-2019, 03:22 AM
Filed under: Green (https://www.autoblog.com/category/green/),Tesla (https://www.autoblog.com/tesla),Electric (https://www.autoblog.com/category/electric/)
https://o.aolcdn.com/images/dims3/GLOB/crop/1732x973+561+387/resize/800x450!/format/jpg/quality/85/https://s.yimg.com/os/creatr-uploaded-images/2019-01/0a18f8f0-24da-11e9-bf6f-6dc92e0f84b0 Tesla Inc eked out a small quarterly profit on Wednesday and predicted it would be profitable in the first quarter, but acknowledged that the erosion of a federal tax credit in 2019 would cut into sales of its vehicles, disappointing investors.The electric car maker reported a smaller fourth-quarter profit compared with the previous three months and said Model 3 production volume in California should reach 7,000 units per week by the end of the year.The company said it made a net profit of $Continue reading Tesla predicts profit in every 2019 quarter despite vanishing tax credits (https://www.autoblog.com/2019/01/30/tesla-predicts-profit-every-2019-quarter/)
Tesla predicts profit in every 2019 quarter despite vanishing tax credits (https://www.autoblog.com/2019/01/30/tesla-predicts-profit-every-2019-quarter/) originally appeared on Autoblog (https://www.autoblog.com) on Wed, 30 Jan 2019 16:59:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
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https://o.aolcdn.com/images/dims3/GLOB/crop/1732x973+561+387/resize/800x450!/format/jpg/quality/85/https://s.yimg.com/os/creatr-uploaded-images/2019-01/0a18f8f0-24da-11e9-bf6f-6dc92e0f84b0 Tesla Inc eked out a small quarterly profit on Wednesday and predicted it would be profitable in the first quarter, but acknowledged that the erosion of a federal tax credit in 2019 would cut into sales of its vehicles, disappointing investors.The electric car maker reported a smaller fourth-quarter profit compared with the previous three months and said Model 3 production volume in California should reach 7,000 units per week by the end of the year.The company said it made a net profit of $Continue reading Tesla predicts profit in every 2019 quarter despite vanishing tax credits (https://www.autoblog.com/2019/01/30/tesla-predicts-profit-every-2019-quarter/)
Tesla predicts profit in every 2019 quarter despite vanishing tax credits (https://www.autoblog.com/2019/01/30/tesla-predicts-profit-every-2019-quarter/) originally appeared on Autoblog (https://www.autoblog.com) on Wed, 30 Jan 2019 16:59:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2019/01/30/tesla-predicts-profit-every-2019-quarter/) | Email this (https://www.autoblog.com/forward/23657099/) | Comments (https://www.autoblog.com/2019/01/30/tesla-predicts-profit-every-2019-quarter/#comments)
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