Tesla beats profit estimates, expects strong 2020 production
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(Reuters) - Tesla Inc on Wednesday defied sceptics and its stock surged to new all-time highs as the electric carmaker posted the second quarterly profit in a row on record vehicle deliveries and said it would deliver more than 500,000 units this year.Shares rose more than 6% to $615 after hours, reaching an all-time high and for the first time cracking the $600 mark.The stock has more than doubled in value since the company posted a third-quarter profit, beat estimates for 2019 vehicle..