Tesla ended the quarter without a loss and promised to release Model Y by next summer
Investors reacted strongly to Tesla's quarterly report, as the main surprise for them was that the company completed the reporting period without losses at the operating level. Tesla stock prices rose 12%. Tesla's revenue remained at the level of the previous quarter - $5,3 billion, it decreased by 12% compared to the third quarter of last year. The profitability of the automotive business decreased over the year [...]