Tesla: A Surprise Profit, a Stock Bounce, and a Factory Site Secured

Everything was moving in Tesla’s favor Wednesday night, with the electric automaker reporting an unexpected quarterly profit — its fourth in a row — for Q2 2020. This positive financial news, made possible by other automakers’ hunger for regulatory credits, sent the company’s already elevated (overvalued?) stock closer to the face of God. At the […]

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via Autobuzz Today

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