Tesla shrugs off coronavirus and posts a profit [CNNMoney.com]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: CNNMoney.com
Tesla posts profit despite hit from coronavirus New York (CNN) Tesla shrugged off coronavirus-related problems and posted a profitable first quarter. The electric car maker earned net income of $16 million, while income excluding special items, such as stock based compensation, came in at $227 million. The company lost money on both those measures in the year-earlier quarters. Analysts surveyed by Refinitiv had forecast the company would post a narrow loss due to the shutdowns of its factories in California and Shanghai at times during the quarter and a drop in completed vehicle sales compared to the fourth quarter of last year. Shares of Tesla ( TSLA ) rose in after-hours trading on the report. Still, the company said it couldn't promise that its unexpected profit will continue. Read More "It is difficult to predict how quickly vehicle manufacturing and its global supply chain will return to prior levels," it said in a statement to investors. "Due t
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TSLA
News
- SpaceX aims for $800 billion valuation in secondary share sale, WSJ reports [CNBC]CNBC
- Tesla turbocharged, energy makes a comeback: Market takeaways [Yahoo! Finance Canada]Yahoo! Finance Canada
- Feds find more complaints of Tesla's FSD running red lights and crossing lanes [TechCrunch]TechCrunch
- Tesla brings lower cost Model 3 to Europe [Yahoo! Finance]Yahoo! Finance
- Is the Cybertruck Tesla's best vehicle ever? These figures contradict Elon Musk's claim [USA TODAY]USA TODAY
TSLA
Earnings
- 10/22/25 - Beat
TSLA
Sec Filings
- 11/12/25 - Form 4
- 11/10/25 - Form SCHEDULE
- 11/10/25 - Form 4
- TSLA's page on the SEC website