29-01-2020 22:43 via theverge.com

Tesla’s record 2019 has bought it some breathing room

Photo by James Bareham / The Verge Tesla’s record-setting number of sales in 2019 also helped the electric automaker generate more money in one year than ever before, the company announced Wednesday afternoon.Tesla generated $24.6 billion in revenue in 2019, buoyed by a fourth quarter revenue figure of $7.4 billion.Tesla still didn’t turn an annual profit — in fact, it lost $862 million in 2019. But that was better than the $1 billion loss the company posted in 2018. Tesla als
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