Tesla has booked two straight quarters of profits - here are the 5 biggest takeaways from that achievement
Hollis Johnson/Business Insider
- Tesla booked a profit in the fourth quarter, after doing the same in Q3.
- Tesla has now changed things for Wall Street, for its competition, and for customers.
- The biggest takeaway is that Tesla might now become a much more boring company.
It wasn't what Wall Street expected, but after 15 years of losing money, Tesla finally turned in six months of moneymaking. Advertisement
Tesla reported a second consecutive profitable quarter last week - something skeptics thought might never happen.
The unprecedented achievement means that we now have to look at Tesla ... differently. In some ways, Tesla just got much simpler. But in another way, it got more complicated.
Here are five takeaways from Tesla's fourth-quarter results:Get the latest Tesla stock price here.
Tesla has created a cash firehose.
Wall Street isn't as fascinated by Tesla as it used to be.Advertisement
Demand for Teslas has become a confusing issue.
Tesla's "competition" has more work ahead than it might have thought.Advertisement
Tesla can lose money again!
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