Electric car maker Tesla posts first profit | Bangkok Post: news

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Electric car maker Tesla posts first profit

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Tesla Motors said Wednesday it posted its first-ever quarterly profit as the electric carmaker beat its own forecasts and surprised market analysts. 

Tesla Motors said it posted its first-ever quarterly profit as the electric carmaker beat its own forecasts and surprised market analysts.

The California-based firm said it earned a profit of $11 million in the first quarter as revenues rose 83 percent from the prior quarter to $562 million.

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