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Tesla posts first profit in eight quarters

Carmaker expects to get through the year without raising cash as it prepares to buy money-losing SolarCity
Friday, October 28, 2016 - 05:50

San Francisco

TESLA Motors Inc posted an unexpected profit and said it expects to get through the rest of the year without raising cash, easing one concern for investors as it expands production of electric cars and prepares to acquire money-losing SolarCity Corp.

The profit, Tesla

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