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October 26, 2016 08:58 pm GMT

Tesla says it actually posted a profit this quarter

(GERMANY OUT) Menschen , Leute , People , Elon Musk Gruender Firma Fahrzeughersteller Tesla Motors Auto Elektroauto ECar  (Photo by Lambert/ullstein bild via Getty Images)Well that was unexpected — Tesla reported today in its third-quarter that it had earnings of 74 cents per share, compared to Wall Street’s expectations of a loss of 54 cents per share.In other words: Tesla said it actually made a profitthis quarter on a GAAP basis. Tesla shares quickly jumped around 5.5 percent following the company posting a rare profit for the… Read More

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