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Tesla Reports First Net Profit in 3 Years, Says No Need for Capital

Tesla reported a surprise profit, its first net profit in three years.
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Tesla (TSLA) - Get Tesla Inc Report reported a surprise profit, its first net profit in three years. CEO Elon Musk says the company has implemented a leaner spending plan, and that has eliminated the need for an additional capital raise to produce the Model 3. Buffalo Wild Wings (BWLD) says that its same-store sales slipped slightly but earnings came in just above expectations. Still, company executives say they are seeing strong business on NFL game days. Buffalo Wild Wings will launch a new menu next week and will launch a burger option soon. If you've been waiting to buy a new Macbook computer, today may be the day. It's widely expected that Apple (AAPL) - Get Apple Inc. Report will unveil new Macs today. The Macbook Pro is long overdue; it hasn't been updated since 2012. According to Bloomberg, the 13 inch and 15 inch Macbooks will be thinner and lighter, with an LED touchscreen display on the keyboard.

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