Tesla records profit worth $104 Million in the second quarter
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While the businesses across the globe are facing severe losses due to the novel coronavirus outbreak, Elon Musk-owned carmaker Tesla has shocked everyone by recording a profit of a whopping $104 million in the second quarter in 2020. The carmaker had posted a loss of $408 million in the year-ago period. After achieving this target amid such a crisis, Musk's firm Tesla is now all set to join the S&P 500.