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Tesla Inc. is widely expected to report its sixth consecutive quarterly profit Wednesday -- and potentially its first $1-billion quarter. That follows a remarkable year when Tesla’s stock split and skyrocketed, the company joined the S&P 500 Index and it sold almost half a million cars. Two years ago, the world’s leading electric carmaker was going through a rough patch. Elon Musk, Tesla’s Chief Executive Officer, informed employees in a January 2019 open letter that the company had to reduce headcount by 7% and boost Model 3 production rates to survive. Later that month, the CEO told a...

Tesla Inc. is widely expected to report its sixth consecutive quarterly profit Wednesday -- and potentially its first $1-billion quarter. That follows a remarkable year when Tesla's stock split and skyrocketed, the company joined the S&P 500 Index and it sold almost half a million cars.

Tesla Inc. is widely expected to report its sixth consecutive quarterly profit Wednesday -- and potentially its first $1-billion quarter. That follows a remarkable year when Tesla's stock split and skyrocketed, the company joined the S&P 500 Index and it sold almost half a million cars.

Tesla shares have risen more than 1,300% after Zachary Kirkhorn took over as finance chief in 2019. (File photo) NEW DELHI: Tesla Inc is widely expected to report its sixth consecutive quarterly profit on Wednesday -- and potentially its first $1 billion quarter. That follows a remarkable year when Tesla’s stock split and skyrocketed, the company joined the S&P 500 index and it sold almost half a million cars. Two years ago, the world’s leading electric-car maker was going through a rough patch. Elon Musk, Tesla’s chief executive officer, informed employees in a January 2019 open lette...

Dana Hull, Bloomberg News BC-Musk’s-No-Nonsense-Finance-Chief-Tallies-Profit-Surge-at-Tesla , Dana Hull (Bloomberg) -- Tesla Inc. is widely expected to report its sixth consecutive quarterly profit Wednesday -- and potentially its first $1-billion quarter. That follows a remarkable year when Tesla’s stock split and skyrocketed, the company joined the S&P 500 Index and it sold almost half a million cars. Two years ago, the world’s leading electric carmaker was going through a rough patch. Elon Musk, Tesla’s chief executive...