Tesla Finds Its Falcon Wings

Tesla reported quarterly profits twice before 2018, but registered four profitable quarters out of the last six. Was it a coincidence that deliveries increased threefold during this period?

Tesla Model X: Courtesy ofTesla

“Basically, I believe Model 3 is the last bet-the-company situation,” said Elon Musk in a July 2018 Bloomberg interview, after a grueling Model 3 production ramp that saw Tesla increase production from less than 1000 cars per…