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TESLA POSTS NET PROFIT FOR FIFTH STRAIGHT QUARTER

Tesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter.

The electric car and solar panel maker said that it made $331 million, or 27 cents per share, for its fifth-straight profitable quarter.

Excluding special items such as stock-based compensation, Tesla made 76 cents per share, beating Wall Street estimates

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