Day: October 24, 2019

Tesla Posts Surprise Profit That Answers Sceptics

    Tesla on Wednesday surprised investors with a quarterly profit that sent its shares soaring, as Chief Executive Elon Musk promised a 2020 rollout of a cheaper SUV and more self-driving technology to stay ahead of larger rivals rushing into the premium electric vehicle market he created. Shares rose nearly 21 percent to $307.12 (roughly […]