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21 Jul
13:59

Tesla doubles earnings, production remains challenged

EV pioneer Tesla nearly doubled its profits on-year in the second quarter, though challenges remain on the supply side and in financial markets, Kallanish finds. Tesla recorded a net profit of $2.26 billion in Q2 on total revenue of $16.93 billion, up 98% and 42%, respectively, from Q2 2021.  Total vehicle production reached 258,580 and total deliveries reached 254,695, up 25% and 27%, respective, on-year.  “In Q2, we achieved record production r…
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