Sweet Musk: Tesla finally made a profit!

After refining its production practices, Tesla is finally profitable for one of the first times in the company's 15-year existence, and some think it could be a turning point for the company.


October 26, 2018

You know what they say: Don’t ever let anyone tell you you’re not profitable… yeah, people definitely say that all the time.

Yesterday, Tesla finally took that wisdom to heart, reporting $312m in Q3 net income and free cash flow of $881m — its third quarterly profit in the company’s 15-year existence.

As Tesla continues to rein in its manufacturing process, some analysts believe this could be a turning point for Tesla.

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