Diesel pickups are for chumps

[Justin]

Oh, and for all the Tesla haters here, just a quick heads up that Tesla posted a profit last quarter.

https://www.fool.com/investing/2018/...-earnings.aspx

Tesla (NASDAQ:TSLA) caught investors off guard last Wednesday by reporting a massive third-quarter profit of $312 million. This was just the third time in the company's history that it has reported a quarterly profit under GAAP accounting rules, and it easily set a new earnings record for Tesla.

Note that this is before the Model 3 has even gone on sale in Europe or Asia.

[Jer]

Oh, and for all the Tesla haters here, just a quick heads up that Tesla posted a profit last quarter.

https://www.fool.com/investing/2018/...-earnings.aspx



Note that this is before the Model 3 has even gone on sale in Europe or Asia.

For those that aren't aware what this means... it's YUGE! Experts were saying if they even came close to breaking even while still losing lots of money it would be a tremendous success. They blew that high mark out of the water in a massive way and are well on their way to making even more money with every single quarter moving forward. Funny how many of the big short sellers took their loss and folded their short position on Tesla. It went from about $250/share a couple of weeks ago when I was telling people to buy to almost $350/share currently. There is very little competition in sight at this point too so that number shows no signs of going lower either much to the chagrin of the Tesla haters who want to see a successful American company that is actually innovating fail for reasons known only to them.