Tesla Revs Up Earnings, But Will It Stall?
Last week, Tesla (NASDAQ: TSLA) reported a profit for the third quarter on Oct. 23, surprising analysts. The electric car maker reported adjusted earnings per share of $1.86, compared to the second-quarter loss of $1.12 per share.
Co-founder and CEO Elon Musk tweeted his take on the results:
Tesla Q3 results:
- Shanghai Giga ahead of schedule
- Model Y ahead of schedule
- Solar installs +48% from Q2
- GAAP profitable
- Positive free cash flow
Source Fool.com
