Tesla’s production increased by about half year-on-year and even increased by three quarters compared to the second quarter.
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The carmaker is expected to publish its financial results for the third quarter during this month. According to the AP agency, Tesla could report its fifth quarterly profit in a row. In the second quarter, the company earned $ 104 million (approximately 2.4 billion crowns).
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Tesla is now increasing production at its California plant and new plant in China. In addition, the carmaker is building two new factories – one in Germany near Berlin and the other in the US state of Texas.
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Nevertheless, Tesla’s shares depreciated around four percent to about $ 431 after trading on the US stock exchanges.
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The company’s California plant was closed for part of the second quarter as part of measures against the spread of the new coronavirus. Because of this, the head of the company, Elon Musk, threatened to leave Tesla out of this American state.
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