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Tesla posts first profit in 2 years

Discussion in 'General Automotive Discussion' started by doublespaces, Oct 26, 2016.

  1. doublespaces

    doublespaces Administrator

    2009 E93 335i
    In their Third Quarter 2016 Update, Tesla states the Model S saw a 59% sales jump year over year from last quarter, and a $21.9M third quarter profit.

    Regarding the Model 3 development:
    They also expressed the willingness to share driving data for safety reasons and that their Gigafactory was still on track to begin product by the end of the year.
  2. Capitalized on the future of electric cars big time. Did it right too.