Tesla reports 1st back-to-back profitable quarters in 15 yrs
Elon Musk-led Tesla has reported back-to-back profitable quarters for the first time ever in the 15-year history of the electric carmaker. Tesla reported a profit of around $139.5 million, or $0.78 a share, for the fourth quarter. The carmaker had reported a profit of $312 million for its third quarter in 2018, after reporting losses for seven consecutive quarters.