For just the second time in its history as a public company, Tesla Motors Inc. reported net income, making $22 million net for the third quarter.
The company on Wednesday attributed the gains — which broke a 13-quarter streak of losses — to record production, deliveries and revenue. This month, Tesla said it delivered 24,500 cars in the third quarter, putting it on track to hit its goal of 50,000 vehicle sales for the second half of 2016.
