26-10-2016 23:56 via feeds.slashgear.com

Tesla had a profitable third quarter, has high hopes for Q4

Tesla had a profitable third quarter this year, the company has announced. The GAAP net income hit the $22 million mark, with Tesla saying it saw $176 million in free cash flow. The company goes on to say that gross profit-per-car, as well as GAAP total automotive gross margin, both increased ‘substantially’ in its fiscal third quarter. Tesla anticipates trends … Continue reading
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