Tue, 21-Oct-2025

Tesla reports record profits, bullish on 2022 output

Tesla

Despite persistent supply chain issues and a setback from China’s latest Covid-19 shutdown restrictions, Tesla reported another strong quarter of profit increase on Wednesday, citing higher-priced automobiles. Elon Musk’s high-flying electric vehicle company notched a new record in quarterly profits of $3.3 billion following the unveiling of new factories in Germany and the US state … Read more

Not Expected of Tesla Earnings, It Made a Surprising Beat

Tesla Earnings

Tesla’s first-quarter earnings were excellent. CEO Elon Musk even provided guidance for 2022. The beat was a surprise this time. The corporation beat inflation by focusing on manufacturing and substituting materials. Before the bell, the stock climbed 6.9% to $1,044.45 The stock dropped 5% in pre-earnings trading on Wednesday. Tesla (TSLA) earned $3.22 per share … Read more