Musk’s Finance Chief Quietly Tallies Profit Surge at Tesla

(Bloomberg) — Tesla Inc. is widely expected to report its sixth consecutive quarterly profit Wednesday — and potentially its first $1-billion quarter. That follows a remarkable year when Tesla’s stock split and skyrocketed, the company joined the S&P 500 Index and it sold almost half a million cars.

Two years ago, the world’s leading electric carmaker was going through a rough patch. Elon Musk, Tesla’s chief executive officer, informed employees in a January 2019 open letter that the…


Source link

About search

Check Also

Stocks, Dollar Wait on US Data for Fresh Impetus: Markets Wrap – Yahoo Finance

Stocks, Dollar Wait on US Data for Fresh Impetus: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]Stocks, Dollar Wait on US Data for Fresh Impetus: Markets Wrap  Yahoo …

Leave a Reply

Your email address will not be published. Required fields are marked *