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Tesla posts net profit for fifth straight quarter

AMB News Reporter

News Reporter
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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