Tesla scores a profit for the fifth straight quarter
by Russ Mitchell, Los Angeles Times
Oct 22, 2020
2 minutes
LOS ANGELES â Tesla scored another quarterly profit, its fifth in a row, with a net income of $331 million for the third quarter of 2020. That's more than double the profit from the same quarter last year.
The company also announced free cash flow of $1.39 billion, which will help it afford to build planned new factories
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