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Wednesday, October 26, 2016

Tesla says it actually posted a profit this quarter

{rss:content:encoded} Tesla says it actually posted a profit this quarter http://ift.tt/2eHnSVw http://ift.tt/29MWYwF October 26, 2016 at 10:58PM (GERMANY OUT) Menschen , Leute , People , Elon Musk Gruender Firma Fahrzeughersteller Tesla Motors Auto Elektroauto ECar (Photo by Lambert/ullstein bild via Getty Images) Well that was unexpected — Tesla reported today in its third-quarter that it had earnings of 74 cents per share, compared to Wall Street’s expectations of a loss of 54 cents per share. In other words: Tesla said it actually made a profit this quarter on a GAAP basis. Tesla shares quickly jumped around 5.5% following the company posting a rare profit for the… Read More

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