Tesla Inc CEO Elon Musk and Shanghai's Mayor Ying Yong attend an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. - Reuters
SAN FRANCISCO: Tesla Inc delivered a second straight quarter of blowout earnings and speedy execution, extending an unprecedented surge for its heavily shorted stock.
The record revenue Tesla reported on Wednesday beat estimates and carried the company to its fourth profit in the last six quarters. Chief executive officer Elon Musk again accelerated the introduction of the new Model Y crossover, saying deliveries will start by March, months earlier than initially planned.
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