News of Bahrain
Business23 July 20201 min read

Tesla revenue beats expectations with full year of profitability

Washington Tesla, the electric car maker, reported revenue of $6 billion in the second quarter, beating expectations, while also clocking four sequential quarters of profitability. Adjusted earnings per share were $2.18, smashing Wall Street expectations. Net income was $104 mill

Editorial Team Legacy

Published 23 July 2020, 8:00 · Updated 21:27

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Tesla revenue beats expectations with full year of profitability

Washington

Tesla, the electric car maker, reported revenue of $6 billion in the second quarter, beating expectations, while also clocking four sequential quarters of profitability. Adjusted earnings per share were $2.18, smashing Wall Street expectations. Net income was $104 million, despite the general economic downturn this year due to the coronavirus.

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