Tesla
TSLA
just released its Q3 earnings with record figures on effectively every metric. The innovation-driven automaker just recorded its 5
th
consecutive profitable quarter.
Elon Musk and his automotive giant are finally keeping their ostentatious promises. Elon promised half a million cars delivered by the end of 2020 and the company might just be able to pull it off.
In the face of a global pandemic and economic recession Tesla was able to deliver a record number of EVs. The enterprise is looking at a very bright future, and it seems that every quarter TSLA’s seemingly lofty valuation is further justified.
Tesla’s Shanghai Gigafactory was a success, and its Berlin Gigafactory is set to start production next summer. Tesla is undoubtedly going to be major automotive driver in the Roaring 20s.
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