Coverage: Tesla Motors soars after quarterly profit

October 27, 2016

Tesla Motors Inc. reported a surprise profit on Wednesday, sending its stock price soaring. Robert Ferris of CNBC.com had the news: In a conference call Wednesday night, Tesla CEO Elon Musk said the company currently believes the fourth quarter will be profitable excluding non-cash stock-based expenses, and added there is a “chance” Tesla will be profitable…

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