However, at the same time, compared to the first three months of this year, the company’s profit decreased in the second quarter, thus registering the first quarterly profit drop since the end of 2020.
“Tesla” explains the decrease in profits in the quarter comparison with the outbreak of the coronavirus in China, which has negatively affected the company’s production.
Meanwhile, “Tesla’s” revenue in the second quarter increased by 42% year-on-year and reached 16.9 billion dollars.
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