Tesla expects to become profitable in 2016, shares rise

VentureBeat
By ReutersFeb 10, 2016, 6:12 pm217 pts
(Reuters) – Tesla Motors forecast deliveries of Model S sedans and Model X SUVs that topped analysts’ estimates on Wednesday and said it expects to turn a profit in 2016, sending shares up sharply despite a wider fourth-quarter loss. Tesla shares were up 13 percent in after-hours trading after closing at…

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