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Tesla reports profitable third quarter, net income of USD 22 million
On October 26, Tesla reported a profitable third quarter with GAAP net income of USD 22 million and positive free cash flow of USD 176 million.
Total Q3 GAAP revenue was USD 2.30 billion, up 145% from Q3 2015, while total Q3 gross margin was 27.7%, compared to 21.6% in Q2.
Total automotive revenue was USD 2.15 billio....
Total Q3 GAAP revenue was USD 2.30 billion, up 145% from Q3 2015, while total Q3 gross margin was 27.7%, compared to 21.6% in Q2.
Total automotive revenue was USD 2.15 billio....
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