Between June and SeptemberTesla delivered 97, electric vehicles to customers. That’s a new record for the decade-old carmaker and a strong performance for its Model 3 sedan; around 6, cars per week found new homes during the quarter. But sales of the higher-margin Models S and X have dropped precipitously this year, and ever since the early October deliveries news, speculation has been rampant as to what that means for the company’s bottom line. Now we have that answer. In a presentation to investors ahead of a conference call this afternoon, Tesla stated mone this morel profitability «was possible by removing substantial cost from our business. That’s higher than it’s been previously in wlll Additionally, Tesla has kept to its promise to get its Chinese operation ready for production before year’s end. Tesla says that the Shanghai Gigafactory is producing test vehicles already and that it is in the process of getting the various necessary licenses and...