Tesla has actually made some money!
For the first time in two years, and just the third time in its 15-year history, Tesla has posted a quarterly profit. In the three months to 30 September, the company made $312 million from $6.8 billion in total revenue, largely thanks to 56,065 Model 3s being delivered. Not to be sniffed at, that. That said, in Q2 of this year, Tesla posted a loss of $718million. Which is also not to be sniffed at, for the wrong reasons. Still, as ever, the boss was chipper. In a call with investors, its CEO, who you might have heard of, said he also expected to post a profit in “all quarters going forwards”.