(Bloomberg Opinion) — Three months ago, Tesla Inc. notched up a $9 billion gain in market capitalization in the immediate aftermath of reporting a $143 million quarterly profit. On Wednesday, it reaped $12 billion on $105 million. Don’t forget the $50 billion it racked up in between those dates, of course.Tesla’s market cap has more than doubled to more than $100 billion since reporting that surprise profit for the third quarter. Besides that boost to confidence, the company also managed to meet the low end of delivery guidance for the fourth quarter, started producing vehicles at its new plant in …read more
Source:: Yahoo Finance
