Tesla reports higher profits, topping estimates

Tesla reported higher first-quarter profits Wednesday, pointing to recovering demand in North America as it pursues significant investments in autonomous transport and artificial intelligence. Elon Musk’s electric vehicle company reported profits of $477 million, up 17 percent from the year-ago period, while revenues jumped 16 percent to $22.4 billion. Analysts were expected to scrutinize Tesla’s […] The post Tesla reports higher profits, topping estimates  appeared first on Digital Journal.