Home » Business » Tesla’s profit rose 131 percent. M behind me a quarter in the plus

Tesla’s profit rose 131 percent. M behind me a quarter in the plus

Charger of Tesla station in the Italian city of Dietikon (June 21, 2020)


| photo: Reuters

<!—->

The carmaker has a quarter of five profits in a row and is approaching its first profitable financial year. The company’s sales increased by 39 percent to July 8.77 billion dollars (July 202 billion crowns) from July to June. Analysts polled by Refinitiv expected sales of $ 8.36 billion (192.5 billion crowns).

Some experts doubt that Tesla is fully fulfilling its ambition to fully supply the market with a million cars for the whole year. The carmaker set it up before the pandemic, and in order to meet it, it would have to deliver 182,000 cars to the market in the last quarter. The pandemic was completely full. She had to close her California factory because of coronavirus. Founder and owner of the car company However, despite the devastation, Elon Musk opened it in May.

Since the end of the year, the company’s shares have written more than 400 percent. They have now responded to the quarterly economic results after the end of trading rose by 4.3 percent.

<!—->

– .

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.