For as often as detractors like to categorize Tesla as a flash in the pan with no long-term prospects for success, the electric automaker has made a habit of proving those naysayers wrong. While Tesla’s ability to sell cars has never been an issue, the company’s ability to actually turn a profit has long been called into question. Recently, though, Tesla surprised almost everyone when the company posted a quarterly profit of $342 million when most analysts were anticipating a steep quarterly loss.
During the ensuing earnings conference call, Musk couldn’t help but heap praise on the company’s upcoming Model Y, a crossover version of Tesla’s immensely popular Model 3. Notably, Musk said that the Model Y may arrive sooner than anticipated given that production may commence by summer of 2020.
BGR Top Deals:
These wireless earbuds with twice the battery life of AirPods are an incredible deal
Anker’s new $100 true wireless earbuds last for 100 hours per charge, and they’re down to $60
Trending Right Now:
Man slices his finger off after snake bite, then the doctor tells him it was unnecessary
iPhone owners say iOS 13.2 has a serious problem that affects performance
PS5 might have one huge advantage over the Xbox and even gaming PCs
Tesla Model Y prototype spotted cruising along a California highway originally appeared on BGR.com on Thu, 31 Oct 2019 at 22:05:07 EDT. Please see our terms for use of feeds.