Tesla reports net profit, positive cash flow and better margins for Q3 2018 on Model 3 successes

Green Car Congress
By mmillikinOct 25, 2018, 4:30 am342 pts
For the third quarter of 2018, Tesla reported GAAP net income of $312 million; free cash flow of $881 million, supported by operating cash flow of $1.4 billion; and a Model 3 GAAP gross margin of more than 20%. Q3 2018 was a truly historic quarter for Tesla. Model 3 was the best-selling car in the US in terms…

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