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Tesla Beats Earnings Expectations

BOOYAH

Profit of 20 cents a share.

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Miguel Villagran/Getty

Continuing its dominant run so far in 2013, Tesla Motors posted a shocking profit of 20 cents a share on revenue of $405 million in the second quarter. The numbers caused shares to jump 8 percent as expectations were for a loss of 17 cents a share. Tesla’s growth has been impressive as in the previous year’s second quarter, revenues were only $27 million.

Read it at CNBC