Tesla Q4

Fourth quarter of 2018 showed Tesla still making a profit, as expected. That was the good news, two profitable quarters back-to-back. They made $139 million compared to Q3's profit of $311 million, so it could have been better . . but consistent profit is new, desirable, and necessary.

Model 3's "accounted for 80 percent of all EV sales in the US in 2018 according to Musk." 

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"[A]ccording to Tesla's Shareholder Letter, "Model 3 [was] the best-selling passenger car in the US in terms of revenue in both Q3 and Q4. With nearly 140,000 units sold, Model 3 was also the best-selling premium vehicle (including SUVs) in the US for 2018 – the first time in decades an American carmaker has been able to secure the top spot."

(cont'd tomorrow)