Automotive Oct 27, 2020 01:13 PM (GMT+8) · EqualOcean
Since Q3 2019, Tesla has witnessed five consecutive quarters for positive net income. 2020 is likely to be the first financial year for Tesla to make a profit. From Q2 2011 to Q2 2019, there were only nine quarters that Tesla had positive net income. The launch of Tesla Model 3 and the success of the Shanghai factory are believed to be behind Tesla’s increasing profitability.

This text is a result of machine translation.