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Old 10-21-2020, 04:09 PM   #1
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Default Tesla posts net profit for fifth straight quarter

Filed under: Earnings/Financials,Green,Tesla,Electric
Tesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter. The electric car and solar panel maker says Wednesday that it made $331 million, or 27 cents per share, for its fifth-straight profitable quarter. Excluding special items such as stock-based compensation, Tesla made 76 cents per share, beating Wall Street estimates of 57 cents.Continue reading Tesla posts net profit for fifth straight quarter
Tesla posts net profit for fifth straight quarter originally appeared on Autoblog on Wed, 21 Oct 2020 17:46:00 EDT. Please see our terms for use of feeds.


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