27 Oct '16, 6am

Tesla reports Q3 profit

Tesla reports Q3 profit

Tesla reported a profit on both an adjusted and non-adjusted basis. The quarterly profit is the company’s first in more than three years. The electric-car maker reported Q3 GAAP net income of $22 million on total Q3 GAAP revenue of $2.30 billion, which was up 145% from Q3 2015. Total Q3 automotive revenue was $2.15 billion on a GAAP basis, up 152% from Q3 2015. On an adjusted basis, Tesla earned $111 million. Tesla’s results were lifted by $139 million in sales of California zero emission vehicle credits. Tesla delivered 24,821 of its Model S sedans and Model X sport-utility vehicles combined, more than double the year-ago figure. About a third of the vehicles are being leased, instead of sold outright. The company says that because of the strong quarter, Tesla is still on track to deliver 50,000 cars in the second half of this year, and close to 80,000 cars for the full y...

Full article: http://electriccarsreport.com/2016/10/tesla-reports-q3-pr...

Tweets

Tesla reports first profit in two years, up nearly $22M for Q3

Tesla reports first profit in two years, up nea...

inhabitat.com 30 Oct '16, 9pm

While many businesses would be considered a failure if they didn’t make a profit within the first two years, Tesla’s expen...

Tesla falls even further as Consumer Reports ra...

greencarreports.com 28 Oct '16, 12pm

Stephen Edelstein 4,122 views Oct 28, 2016 2016 Tesla Model X Enlarge Photo The Tesla Model S was once the darling of Cons...

@CleanTechnica

@CleanTechnica

cleantechnica.com 27 Oct '16, 3pm

from Elon was to be believed, Q3 profitability was likely but certainly not a guarantee. It was also painted as Tesla’s la...

if you agree with @ElonMusk: "It's not Tesla versus Uber, it's the people versus Uber."

if you agree with @ElonMusk: "It's not Tesla ve...

ecowatch.com 27 Oct '16, 2pm

Here's another thing that Elon Musk is on the verge of disrupting: Ride-sharing. The Tesla CEO is already shaking up the g...

Among large luxury sedans, Tesla dominates Mercedes (also Audi, BMW, Lexus)

Among large luxury sedans, Tesla dominates Merc...

greencarreports.com 27 Oct '16, 12pm

Stephen Edelstein 3 views Oct 27, 2016 2016 Tesla Model S Enlarge Photo The Tesla Model S has been on sale for just over f...

Consumer Reports Names Tesla, Volt, and Prius A...

hybridcars.com 25 Oct '16, 4pm

The latest car reliability survey from Consumer Reports sees it recommending and not recommending certain models, includin...

Elon Musk Says Tesla Network Offers Owners Economic Opportunity, Not…

Elon Musk Says Tesla Network Offers Owners Econ...

hybridcars.com 28 Oct '16, 4am

Elon Musk said that his Tesla Network concept will offer Tesla owners an economic opportunity, and won’t be a threat to ri...

Reports by Janakdal

freelancer.com 30 Oct '16, 10pm

website development system mini project with source code and output , ielts writing practice test with answers , data entr...

GE Renewable Energy revenues up 66% in Q3

windpowermonthly.com 24 Oct '16, 1pm

Orders in Q3 totalled $3 billion, up 59%, GE said In the three months ending 30 September 2016, revenues at GE Renewable E...

Mercom: Energy storage VC funding cools as project funding heats up in Q3

Mercom: Energy storage VC funding cools as proj...

pv-tech.org 25 Oct '16, 2pm

The participation of venture capital (VC) investors seems to have cooled, while project funding has conversely seen a shar...

Green Car Reports' 2017 Best Car To Buy nominee...

greencarreports.com 21 Oct '16, 12pm

Since we nominated the Tesla Model X as one of our three finalists for the Green Car Reports 2017 Best Car To Buy award, T...

Green Car Reports 2017 Best Car To Buy nominee: Toyota Prius Prime

Green Car Reports 2017 Best Car To Buy nominee:...

greencarreports.com 25 Oct '16, 12pm

John Voelcker 4,042 views Oct 25, 2016 Follow John Add to circle 2017 Toyota Prius Prime Premium Enlarge Photo The 2017 To...

#Singapore's Keppel Q3 Profit Falls 38% On Weak...

rigzone.com 21 Oct '16, 12am

BLOG: Majority of Oil, Gas Workers Unhappy with Current Employment BLOG: Career Growth Most Important Aspect of Oil, Gas W...

Tesla gigafactory to combine Silevo, Panasonic ...

pv-magazine.com 25 Oct '16, 2pm

Tesla gigafactory to combine Silevo, Panasonic HIT solar technologies 25. October 2016 | Top News , Industry & Suppliers |...