Tesla beat its Model 3 production goal, but will it hit profitability?
It is increasingly difficult to make sense of Tesla’s math.
It’s been a tough year for Tesla. With the U.S. Securities and Exchange Commission’s investigation behind it, the electric carmaker is ready to tout its production strides. Tesla announced today that it produced 55,239 Model 3 cars this quarter, meeting its self-assigned benchmark. Now investors are waiting to see if the company can meet its other third-quarter goal: profitability.