Tesla reports profit for Q3

Green Car Congress
By mmillikinOct 26, 2016, 5:35 pm183 pts
Tesla Motors reported Q3 GAAP net income of $22 million on total Q3 GAAP revenue of $2.30 billion, which was up 145% from Q3 2015. Total Q3 automotive revenue was $2.15 billion on a GAAP basis, up 152% from Q3 2015. The quarterly profit is the company’s first in more than three years. In Q3, combined net…

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