Shares of Tesla, electric vehicle maker, boosted to 9% in pre-market trading and it has made a surprise quarterly profit amid COVID-19 impact.
The tesla’s adjusted earnings of $1.24 per share set aside all expectations of loss. And the company has generated revenue of $5.9 billion.
“Although impacted by inefficiencies related to the temporary suspension of production and deliveries in many locations, our gross margin remained strong,” the company stated. “