Tesla turns a surprise profit despite coronavirus factory shutdowns - Business Insider

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Breaking: Tesla turns a surprise profit despite coronavirus factory shutdowns

Here are the important figures: $5.99 billion versus an expected $5.8 billion

Tesla's stock price spiked as much as 7% in late trading following the release. Shares of the company were down about 13% from their recent highs at Wednesday's close, mirroring a similar selloff in wider equity indexes. The company previously released its first-quarter production and delivery figures at the beginning of the month that largely topped analyst expectations, despite factory shut downs affected the latter half of the quarter.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Real profit, accounting tricks, or $LK profit?

It is going to be funding secured II. First they planned to recall workers then they cancelled the plan.

techinsider good lord what is happening here🧐

todaywear

This is what happens when you are not bogged down by Union labor costs and blood-sucking auto dealers.

This should become the stock photo for elonmusk from now on.

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