Tag: Tesla’s Profit

April 8, 2020

Tesla Inc. will furlough noncritical employees without pay and temporarily cut executive salaries as much as 30% to conserve cash while the coronavirus pandemic forces the shutdown of much of its operations. In the U.S., those ranked vice president or […]

January 30, 2020

Tesla Inc. delivered a second straight quarter of blowout earnings and speedy execution, extending an unprecedented surge for its heavily shorted stock. The record revenue Tesla reported Jan. 29 beat estimates and carried the company to its fourth profit in […]

October 24, 2019

Elon Musk flipped the script on those who doubted Tesla Inc. could return to profitability and meet aggressive timelines, delivering positive earnings few saw coming and declaring he’s ahead of schedule on a new plant and product. The electric-car maker […]