Tesla's profit streak not derailed by coronavirus as auto industry braces for losses [Yahoo! Finance News]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance News
View photosFILE PHOTO: People wearing face masks are seen inside a Tesla showroom at a shopping mall in WuhanBy Akanksha Rana and Tina BellonReuters) - Tesla Inc on Wednesday posted its third quarterly profit in a row, but said the novel coronavirus was hurting deliveries and lockdown restrictions made it impossible for the electric carmaker to provide guidance for the full year.Shares of the company were up more than 8% at $870 in extended trade.Tesla's report of a profitable quarter comes just a day after Detroit-based rival Ford Motor Co reported a $2 billion first-quarter loss and forecast losing another $5 billion in the current quarter as the coronavirus pandemic hits demand.How Tesla fares in the current quarter and the remainder of the year will be an important test of the company's durability. If Tesla can limit its losses, or even continue its profit streak and outperform legacy automakers, it will be in a stronger position to take sales from rivals weakened by the coronav
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News
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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