Gallery: Tesla Posts First Quarterly Profits in Company’s 10-Year Histo...

 

To say that it’s been a good week for Tesla would be quite an understatement. First, the Tesla Model S earned Consumer Reports’ highest-ever rating with a score of 99 out of 100. Then, after 10 years in business, the electric car maker announced its first quarterly profit in Q1 of 2013 with a net income of $11.2 million. In the wake of the news, Tesla stock prices surged 24 percent, and shares of the company’s stock reached $69.40 when markets closed in New York on Thursday.

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