Tesla pops on Q1 profit
GigaOM Pro » Cleantech 2013-04-01
Summary:
Tesla’s share price is ripping this morning after news Sunday night that the company would be profitable in Q1 on a GAAP basis, not just a non-GAAP basis as founder Elon Musk had originally promised. This is because Tesla managed to ship an additional 250 cars in Q1 (4750 versus 4500). It never hurts to [...]