Tesla turns a profit

By Myles McCormick
Published: Thursday, 27 October 2016

Q3 results reveal a net income for the first time in three years

Electric vehicle (EV) producer Tesla Motors Inc. reported net income of $22m in Q3, its first profit in three years.

In the same period last year, California, US-based Tesla saw a loss of $230m.

Vehicle deliveries were 24,821 for the quarter, 300 more than predicted and 114% more than Q3 2015....

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