Subscribe
Manufacturing

Tesla nets $331M for 5th straight quarterly profit

A Tesla sign in New Jersey
(REUTERS\/Lucy Nicholson)
MM
By:
Michael Martinez
October 21, 2020 08:53 PM

Tesla Inc. on Wednesday reported third-quarter net income of $331 million, extending its record streak of profitability to a fifth quarter as it aims to deliver half a million vehicles in 2020.

Featured Stories

GM CEO Mary Barra’s 2024 compensation rises to $29.5 million
GM CEO Mary Barra’s 2024 compensation rises to $29.5 million
How Mungenast Acura used Internet savvy, inventory management to climb Acura rankings
How Mungenast Acura used Internet savvy, inventory management to climb Acura rankings
Subaru reveals name — and little else — about new 2-row EV that will debut at New York auto show
Subaru reveals name — and little else — about new 2-row EV that will debut at New York auto show
Congress Conversations: Live talk at 1 p.m. April 16 on tariffs, car pricing and shopper trends
Congress Conversations: Live talk at 1 p.m. April 16 on tariffs, car pricing and shopper trends

Latest News

GM CEO Mary Barra’s 2024 compensation rises to $29.5 million
Congress Conversations: Live talk at 1 p.m. April 16 on tariffs, car pricing and shopper trends
Daily 5 report for April 11: Tariffs force UAW President Shawn Fain to walk a political tightrope
Live updates on tariffs: Mitsubishi holds imports at ports
Staying current is easy with newsletters delivered straight to your inbox.

See More in Manufacturing

Daily 5 report for April 11: Tariffs force UAW President Shawn Fain to walk a political tightrope
Live updates on tariffs: Mitsubishi holds imports at ports
From the newsroom: How auto tariffs stack up
Top 5 Canadian auto stories this week: Tariff troubles; Clutch expands; Q1 sales; more
Staying current is easy with newsletters delivered straight to your inbox.