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April 29, 2020 09:08 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/29i4cPbI0Mw/
Tesla turns Q1 profit on cost reductions, rising car margins, credits
Tesla reported Wednesday that it earned $16 million and generated $5.985 billion in revenue in the first quarter, results buoyed by improved automotive margins and reductions in operating expenses. Tesla’s first quarter earnings were lower than the fourth period as the COVID-19 pandemic disrupted operations and dampened sales. But the company still managed to squeeze […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/29i4cPbI0Mw/
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