Tesla’s Bumper Earnings Report After Years…

Tesla’s Bumper Earnings Report After Years…

[elfsight_popup id=”1″]

After years of failing to meet overly optimistic forecasts, Tesla Inc. actually delivered on Chief Executive Elon Musk’s promises in 2019, which only opens it up to higher expectations and ambitions.

Tesla TSLA, +2.49% reported a profitable fourth quarter Wednesday that beat expectations. It was the second straight quarter of GAAP profitability for the electric-car maker, which appeared headed for sustained profitability last year before yet another in a series of stumbles destroyed its books in the first half of 2019.

Source: Market Watch

Trending Articles

United Airlines Sees March Revenue Down…

by

on

Overwhelmingly, caution remains…

Tesla Tops $1,000. It Could Join S&P 500

by

on

Tesla Stock Could Join the S&P 500 Soon

Big Tech’s big test arrives in the busiest week…

by

on

Big Tech’s big test arrives in the busiest…

Fed warns stock market of a second recession

by

on

Fed warns stock market of a second recession if…