E-Car Pioneer: Stock-Based Expenses and Wednesday Night

e-car pioneer: The US e-car pioneer said it delivered 24,821 vehicles in the quarter - an increase of 72 percent - adding that it expected to deliver just under 80,000 vehicles worldwide this year, up from 50,500 in 2015, according to Deutsche Welle. In a conference call Wednesday night, Tesla chief executive Elon Musk said there was a "chance" for the company to remain profitable even if "non-cash stock-based expenses" would be taken into account. "Things are looking good. Revenue came in at $2.3 billion , which was more than double the amount over the same period last year, surprising analysts who had expected sales of around $2.2 billion and another loss in earnings, according to a poll by Fac Set. It not to say there could be some darkness ahead... it overall looking quite promising," he said. In the near-term future, conditions for Tesla will remain challenging. Profitability questions The Palo Alto, Calif.-based automaker, known for its high-end cars that sell for upwards of $70,000 , went public in 2010 and has seen only one additional quarterly profit at the beginning of 2013. (news.financializer.com). As reported in the news.