Tesla will start making profits this year: Analyst



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Tesla could start making profits as early as this year, told CNBC automotive analyst Jamie Albertine

Closing Bell ." "When did you see products that people buy, worth more than $ 50,000, without touching, without feeling, without driving? And not only, these 20 billion dollars of revenue were generated by zero advertising funds.

Yet, Tesla's growth efforts face many hurdles, including the need for more plants and extended product lines. Albertine said Musk would likely invest in factories in China to enter the Asian market.

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