Tesla profit doubles as electric car deliveries surge
NEW YORK (AFP) - Tesla on Wednesday (Oct 21) said profits in the past quarter more than doubled as the electric car giant forecast deliveries hitting 500,000 this year.
Net profit in the quarter rose to US$331 million (S$448.7 million), up from US$143 million a year earlier, as revenue rose nearly 40 per cent to US$8.7 billion.
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