![]() 10/26/2016 at 22:57 • Filed to: None | ![]() | ![]() |
I’m looking forward to seeing what this will do to the share price tomorrow.
And some things I found interesting:
Revenue more than doubled from the same quarter last year... Increased to almost $2.3 billion from $936 million
The $29 million profit is GAAP profit.
Gross margin is over 27%
Cash flow positive to the tune of $176 million.
These numbers are far better than I expected. I wasn’t expecting them to report any profits until the Model 3 was launched.
![]() 10/27/2016 at 01:33 |
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Up to $211 in after hours!
![]() 10/27/2016 at 02:08 |
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Meh. Does it matter? Tesla stock is so hormonal that looking at its price in the short term is pointless.
![]() 10/27/2016 at 02:09 |
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True. But I’ll take an uptick over a downtick any day.
![]() 10/27/2016 at 08:55 |
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Tesla just reported a profit...
That’s unpossible!