Tesla has seen its sales double in the past quarter compared to a year earlier. Sales from March to the end of June were $12 billion compared to $6 billion last year, when Tesla’s large factory in Fremont, California, was temporarily shut down due to the corona pandemic. It was previously known that CEO Elon Musk’s company produced and delivered more than 200,000 cars in the past quarter. A new record.
–
ALSO READ. Elon Musk “kinda hates” being Tesla boss
The electric car maker’s quarterly profit came in at $1.1 billion, tenfold from the same period last year. It is the first time that the 1 billion mark has been crossed. The results were much higher than analysts had expected. Tesla also raised its expectations for the rest of the year.
– .
