Tesla Extends Quarterly Profit Streak

Tesla Extends Quarterly Profit Streak

Assessment

Interactive Video

Business, Architecture

University

Hard

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Tesla's earnings report exceeded expectations, leading to a stock rally. The company posted a $104 million profit despite pandemic challenges, paving the way for potential inclusion in the S&P 500. Key financial metrics were strong, with revenue surpassing $6 billion. CEO Elon Musk unlocked a significant pay award and announced plans for a new assembly plant in Texas, focusing on reducing vehicle costs.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected delivery target for Tesla vehicles in 2020?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Elon Musk express concern about regarding Tesla's vehicles?

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