Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California.Tesla's current products include electric cars, battery energy storage from home to grid scale, solar panels and solar roof tiles, as well as other related products and services.. Throughout its history as a public company, Tesla … ... much of the improved profitability … In short, they don't. Tesla made a $139 million profit in the fourth quarter of 2018, the first time the electric automaker has ever posted back-to-back profitable quarters in its 15-year history. Discover historical prices for TSLA stock on Yahoo Finance. Tesla (TSLA) reported Q3 2020 earnings after market close on October 21. 2013 - Tesla posts its first quarterly profit. View daily, weekly or monthly format back to when Tesla, Inc. stock was issued. Tesla reports its first quarterly profit. Why it matters: Tesla has become the world's most valuable automaker. Its 76 cent earnings per share beat the Street’s forecasted 57 cents. Margins for the Model 3 are narrower, too. Tesla published Q2 2020 results on Wednesday, posting a net income of $104 million - well ahead of consensus estimates that projected a small loss. Tesla reported its largest-ever quarterly profit on revenue of $8.8 billion, beating analyst expectations of $8.4 billion. About a week later the company raises $1.02 billion in debt and equity to repay DOE loans. 2014 - Tesla announces its Nevada Gigafactory, where the company will manufacture the batteries for all of its products. Fire on the Tesla – October 1 Tesla’s non-profitability may be due to its sales mix. Without a doubt, Tesla has changed the face of the car industry, but how does it make money? Founded in July 2003 as Tesla Motors, the company's name is a tribute to inventor and electrical engineer Nikola Tesla. CEO Elon Musk has said he expects Tesla to turn a profit in the third and fourth quarters of 2018. Tesla reported its fifth consecutive quarter of profitability — raking in $331 million, the most money since the run began — alongside a record number of deliveries of its electric cars. The Model 3, its top-selling vehicle, is almost half the price of its Model S and Model X.

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