First off and as Jalopnik reports:
Seems like Tesla going back to back on reporting a $139 million profitp in the fourth quarter of 2018. That’s the first time the electric automaker has ever posted back-to-back profitable quarters. Which is more noteworthy: in its 15-year history.
In addition, it was also Tesla’s fourth profitable quarter ever. That’s according to an investor letter published on Wednesday. Tesla generated $7.2 billion in revenue in the quarter, a record for the company.
More interesting was last year. Cause the company lost $2 billion. Musk and CFO Deepak Ahuja wrote in the letter that 2018 was the “most pivotal year in Tesla’s history.”
For the entire story on TheVerge.com
Although CNBC reports:
- Tesla is struggling to fix and maintain customers’ cars as its makes and sells a higher volume of them than ever before.
- The company says it was operating 378 service centers worldwide last year, with 411 mobile service vehicles– which bring mechanics to the customers’ door — in its fleet.
- Tesla plans to add shifts to eliminate the backlog at its service centers, and claims 80 percent of repairs can be done off-site, not in the shop.