Tesla's tumultuous third quarter saw earnings rise but sales fall

Tesla’s tumultuous third quarter saw earnings rise but sales fall

“Despite these recent losses, Tesla’s earnings have more than doubled in the last year to $3.29 billion, and it looks like we’ll have an awesome end of the year,” CEO Elon Musk stated on the investor call. “We have tremendous demand for Q4 and anticipate selling every vehicle we produce.”

Musk also offered an update on the full release of the Full Self-Driving beta. During the call, Musk said, “We aim to provide the entire self-driving software to anybody who wants the package before the end of this year.”