Tesla posts record revenue and profits in third quarter

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Tesla posts record revenue and profits in third quarter
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Tesla reported earnings after the bell. Here are the results.

Tesla reported third-quarter earnings after the bell Wednesday, and it's a beat on both the top and bottom lines.

The company reported $1.62 billion in net income for the quarter, the second time it has surpassed $1 billion. In the year-ago quarter, net income was $331 million. Tesla generated $806 million from its energy business, including its solar and energy storage products for homes and utilities, and $894 million in services revenue, including revenue from its Full Self-Driving package.

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