"[T]his quarter (Q3 of 2018), Tesla has not only made tons of money . . but has also fulfilled its production and distribution objectives, showing every sign of staying in the black . . ."
So Q3 was not a one-off, in this analyst's opinion, but the first profitable quarter that will be followed by more profitable quarters. He seems to be saying that Tesla has turned a critical corner, that it's out of imminent danger, that it has pulled back from the brink of disaster.
"[T]he company’s profit margin on every Model 3 it sells is now around 20%, well above the industry average in its segment, and overnight its prospects for growth and profitability now seem not only credible, but probable . . ."
photo: nypost
After years and years of hard work, Tesla is an overnight success. Maybe Elon Musk can start sleeping better.
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