Tesla Posts Record Profit And Recommits To Goal Of 500,000 Cars Delivered
- 4 years ago
Tesla reported its best quarterly profit on Wednesday.
According to CNN, shares of Tesla (TSLA) climbed again in after-hours trading on the earnings report.
The auto manufacturer said it hopes to hit its target of half a million car sales this year.
The positive report and high target came as good news to investors in the stock, which has gained more than 400%.
There had been doubts that Tesla could achieve its goal of delivering 500,000 due to the Covid-19 pandemic.
According to CNN, shares of Tesla (TSLA) climbed again in after-hours trading on the earnings report.
The auto manufacturer said it hopes to hit its target of half a million car sales this year.
The positive report and high target came as good news to investors in the stock, which has gained more than 400%.
There had been doubts that Tesla could achieve its goal of delivering 500,000 due to the Covid-19 pandemic.