Business
Tesla Did It, With A Caveat – Gizmodo Australia
Tesla announced a second-quarter profit of $US104 ($146) million today, marking its fourth consecutive profitable quarter, a first for the company. It’s a benchmark that many sceptics thought Tesla would never achieve, though as usual it comes with a tiny ast…
Tesla announced a second-quarter profit of $US104 ($146) million today, marking its fourth consecutive profitable quarter, a first for the company. Its a benchmark that many sceptics thought Tesla would never achieve, though as usual it comes with a tiny asterisk.
That asterisk would be the sale of regulatory credits, which totaled a record $US428 ($599) million this quarter and helped push Tesla over the profitability line, just like it did last quarter, when Tesla sold a then-record $US354 ($…
