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Tesla holds on to EV and Solar ambitions in Q3

In a year focused on cost control and preparation for the future, Tesla has shown tight profit margins, but record car deliveries and a possible resurgence in residential solar may start to signal the end of tough times are coming for Tesla. The company’s latest earnings report was released this week, following a slow start to the year in terms of electric vehicles and with a solar business seemingly mid-collapse. After losses in Q2, Tesla has managed to reach a slim profit return in Q3, with GAAP earnings per share of $0.80, managing to break even ahead of the timeline given at the end of Q2 due to a 15% reduction in expenditure. Compared to the Q3 of 2018, Tesla’s…

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