Tesla Posted Record Earnings. It Has Reached ‘Escape Velocity.’

Tesla reported grounds operating profits for the 2nd consecutive quarter. Things are going beauteous good for the electric-vehicle giant. “Folks privation to bargain an electrical car and folks privation to buy a Tesla right now,” said Chief Financial Officer Zachary Kirkhorn connected the company’s net league call. “It’s precise breathtaking for us.”

Wall Street, for the astir part, agrees with that sentiment. Analysts are impressed with profitability and spot amended days ahead. Price targets are rising aft the coagulated quarter.

Morgan...