Charged up by strong sales of its electric cars
and SUVs, Tesla posted its seventh-straight
profitable quarter.
The company made $438 million in the threemonth period that ended March 31, as sales
more than doubled the same period last year
to nearly 185,000 vehicles. All but 2,000 of the
sales were lower-priced Model 3 sedans and
Model Y SUVs. Tesla said it didn’t produce any
of its higher priced Model S sedans and Model
X SUVs as it switched to new versions during
the quarter.
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