Tag: earnings
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Tesla reports back-to-back profitable quarters
Tesla reported Wednesday a profit of $139 million, or $0.78 per share, along with better-than-expected earnings, nevertheless failed to meet analysts’ expectations for earnings in the fourth quarter. Shares dropped after the markets closed and are down 1.7 percent as of 2:30 pm PT. Tesla has been able to string together two lucrative intervals in…
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Tesla earns its first profit in two years
Tesla reported a profit in the next quarter, establishing seven consecutive quarters of declines. It is only the third time in its history that it has attained this milestone. The next quarter earnings, which have been reported after the market closed Wednesday, rocketed shares up nearly 12 percent to over $320. Tesla reported a profit…