During the earnings conference call, Musk said, 'Do you like minting money?' And... no, he wasn't talking about being a Tesla investor.
Minting money? After Tesla announced its 1st quarter earnings yesterday, it appeared Wall Street approved. In after-hours trading, the stock popped more than 50 points . Why?notes, “Tesla reported Wednesday that its first-quarter net earnings were over seven times greater than a year ago.”
“The electric vehicle and solar panel company made a record $3.32 billion from January through March … the Austin, Texas, company made $3.22 per share. That soundly beat Wall Street estimates of $2.26 per share according to data provider FactSet,” reportsTesla is hot right now. The waitlist to take delivery of a Tesla, at this point, could take up to a year due to the ever-increasing popularity of the electric vehicle industry leader.
During the earnings conference call, Musk said, “Do you like minting money?” And … no, he wasn’t talking about being a Tesla investor. He joked, “Can some more people please get into the lithium business?”
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