Article 4YMKA Tesla shares surge and company says it expects to sell 500,000 cars in 2020

Tesla shares surge and company says it expects to sell 500,000 cars in 2020

by
Dominic Rushe
from Technology | The Guardian 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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