At a time when oil prices remain stuck in limbo, Tesla Inc. (NASDAQ:TSLA) has continued to defy bearish expectations that low oil prices would put a damper on its core business of selling electric vehicles. For the fourth consecutive quarter, the EV maker posted yet another blowout that beat top-and bottom-line expectations. More importantly, it has exceeded Wall Street delivery estimates and reported record profits to boot. Tesla reported Q3 revenue of $8.77B, good for +39.2% Y/Y growth, and $460M above Wall Street consensus. Meanwhile, non-GAAP EPS of $0.76 beat by $0.16, while GAAP EPS of $0.27 missed by a similar margin. However, it was Tesla’s third-quarter delivery numbers that had the bulls licking their chops in anticipation of another bumper year. Tesla profits Tesla reported that it produced 145,036 vehicles in Q3 (+51% Y/Y) and delivered 139,593 vehicles (+44%), beating Wall Street’s consensus delivery estimate of 137,000. Tesla […]