Tesla 2Q profit surges to $1.1b on record auto deliveries

DailyTimes  |  Jul 28, 2021

Tesla reported its first-ever quarterly profit above $1 billion on Monday as it reiterated its 2021 production targets despite supply chain upheaval. Profits surged to $1.1 billion in the quarter ending June 30, up from $104 million in the year-ago period as revenues nearly doubled to $12.0 billion. The fast-growing automaker delivered more than 200,000 vehicles in the period, also a record.

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