Tesla Surprises With Profitable Q3 on Great Model 3 Margins

Greentech Media
By info@greentechmedia.comOct 24, 2018, 7:30 pm157 pts
Tesla just released financial results for what it called "a truly historic third quarter," with $312 million in GAAP net income driven by an unexpectedly robust 20 percent gross margin on the Model 3. CEO Elon Musk promised that Tesla would be profitable in the final half of this year — and he is…

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