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Tesla Inc., for the first time in its 17-year history, reported a fourth-consecutive profitable quarter, a milestone that is sure to bolster Chief Executive Elon Musk’s pitch that he can usher in the age of fully electric cars.
Defying the global coronavirus pandemic, threat of extended economic recession and Wall Street analysts who expected a loss, the Silicon Valley auto maker found a way, helped by the sale of regulatory tax credits, to eke out a $104 million profit in the second quarter.
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