Despite the shutdowns of factories in China and the U.S. related to the coronavirus pandemic, Tesla claimed a profitable first quarter on Wednesday. Tesla’s net income for Q1 was small—just $16 million. Revenue for the quarter came in at $5.99 billion—higher than the $5.8 billion and slight loss that had been expected, but still... Tesla aims to scale up Model Y after profitable Q1, but delays Semi deliveries to 2021
Despite the shutdowns of factories in China and the U.S. related to the coronavirus pandemic, Tesla claimed a profitable first quarter on Wednesday. Tesla’s net income for Q1 was small—just $16 million. Revenue for the quarter came in at $5.99 billion—higher than the $5.8 billion and slight loss that had been expected, but still...