Tesla realizes its first profit for two years «DiePresse.com



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The American pioneer of the electric car, Tesla, made the first quarterly profit in two years. Through the attractive production of the hope model 3, the net profit in the third quarter reached $ 311.5 million (271.39 million euros), as announced Wednesday the group after the closure of the US market.

Investors have been waiting for this news for several quarters. In the same quarter of the previous year, the balance sheet had a loss of approximately $ 619 million. After the stock market, the share has increased by seven percent.

For the first time in May, controversial CEO Elon Musk promised profits for the second half of the year, when production would have started better. Since then, Musk and Tesla have come a long way: in the meantime, the founder has even threatened to be reminded of the company after misleading messages on Twitter. In the end, he and the US Securities and Exchange Commission agreed with the US Securities and Exchange Commission to pay $ 20 million each by Tesla and Musk, who also appointed Musk as president for three years.

Is it possible to produce for the mbad market?

Tesla has been trying for some time to pay more attention to reducing costs and increasing sales. It is also a question of moving by taking fresh capital. In the third quarter, the company delivered 55,840 Model 3 vehicles, representing more than $ 3 billion. That's one billion dollars more than the previous quarter. For Tesla, it is crucial for the future that the Group succeeds in producing in a long-term mbad market.

(APA / Reuters)

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