Once again Elon Musk beat expectations, delivering a surprise profit to shareholders, as well as sharing a few more details on the upcoming affordable Tesla BMW 3-series fighter.
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Tesla Motors has been operating for about 10 years without turning a profit, out of the sheer determination from its founder Elon Musk. But finally, Tesla has earned its first quarterly profit ever, and going forward the outlook for Tesla looks bright.
Right on time for a Christmas miracle, the shining star of the electric vehicle movement has perhaps what is the best news for EV owners and advocates all over the world. Last week, for the first time in almost a decade, the CEO of Tesla Motors Elon Musk tweeted that the electric car company had its first cash flow-positive week.