Tesla rides Model 3’s popularity to its first profit in two years

Tesla has posted its first profitable quarter in two years, its third ever, thanks to the popularity of the Model 3 sedan. The automaker said on Wednesday that it generated $6.8 billion in revenue in the third quarter of 2018 and walked away with $311 million in profit — the most the company has ever made in a quarter.The company finished the quarter with $3 billion in cash, up $731 million from the second quarter of the year. Tesla’s last two profitable quarters came in 2013 and 20