Tesla shares surge and company says it expects to sell 500,000 cars in 2020
by Dominic Rushe from on (#4YMKA)
Company made profit of $105m in last quarter of 2019 on revenues of $7.38bn, both better than expected
Tesla's share price rose sharply in late trading on Wednesday as the company announced another profit and said it would sell more than half a million cars this year.
Elon Musk's electric vehicle company made a profit of $105m in the last quarter of 2019 on revenues of $7.38bn, both were better than expected and sent Tesla's share close to 7% higher in after-hours trading.
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