Tesla delivers fifth quarter of profit, record sales

Tesla delivers fifth quarter of profit, record sales

Tesla matched up to investor expectations in its postmarket close Q3 earnings report on Wednesday. The company, one of 2020s highestprofile stocks, delivered its fifth consecutive quarter of profit, with a 331m GAAP net income on revenue of 8.8bn. Tesla said that it delivered a record 139,300 vehicles during the third quarter of the year, an increase of more than 40 in the same quarter this year.

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