Tesla edges past Wall Street revenue target, boosted by regulatory credits, China demand ...Middle East

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Tesla edges past Wall Street revenue target, boosted by regulatory credits, China demand
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Electric carmaker Tesla Inc marginally beat Wall Street expectations for first-quarter revenue on Monday boosted by a jump in environmental credit sales to other automakers and robust demand from China. Sales of regulatory permits were higher than quarterly profit, in line with the trend of several quarters, and net profit was dented by a $299 million award to Chief Executive Elon Musk.

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