Elon Musk had a wild quarter, but you wouldn’t know it from Tesla’s earnings call
Tesla CEO Elon Musk saved all the drama for his Twitter account during Wednesday’s earnings call.
It’s been quite the quarter. This past three months saw Musk break down in a New York Times interview, tweet so much that the SEC got involved and sued for fraud, and call a rescue diver a pedophile (and get sued over that, as well). And that’s just the stuff concerning Musk from July through September.
Overall, Tesla blew past expected revenue numbers, bringing in $ 6.8 billion, far more than the expected $ 6.33 billion. It also recorded $ 311 million in net income last quarter, compared to a loss of $ 619 million a year ago. Read more…