26
Jul
21:24
Tesla earnings break $1 billion
US electric vehicle producer Tesla saw its earnings increase by almost 1,000% on-year, while its revenue increased by 100%, Kallanish reports.
Tesla earned $1.14 billion in the second quarter on total revenue of $11.96 billion. In Q2 2020, Tesla earned $104 million on revenue of $5.18 billion.
Despite hitting new company records, Tesla was as impacted by the global semiconductor shortage as more traditional automakers.
“The Tesla team, in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous