Tesla beats expectations, posts first quarterly profit in three years $TSLA

Tesla Inc. Wikipedia

Tesla Inc. Wikipedia

SAN FRANCISCO — Tesla proved naysayers wrong Wednesday, posting a profit for the third quarter — its first profitable quarter since early 2013. A near doubling of revenue and a much lower growth in expenses produced the positive net income of $111.4 million, or 71 cents a share, when adjusted for one-time events. For the same…