Tesla Posts Fourth-Quarter Profit on Record Deliveries

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Tesla posted a fourth-quarter profit after the Model 3 compact car helped fuel record deliveries for the electric-car maker. Shares rose 6% after hours.

Tesla Inc. posted a fourth-quarter profit after the Model 3 compact car helped fuel record deliveries for the electric-car maker.

The Silicon Valley auto maker Wednesday said net income fell to $105 million from $140 million a year earlier. The profit still left Tesla with a full-year loss of $862 million. The car maker has yet to deliver a full-year profit.

Source: News Formal (newsformal.com)

 

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those Tesla cars looks like a cheap mazda copy for 10k..

Wow.

Crushing_Goals

Good job Elon Tesla.

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