The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Tesla profits top estimates despite China production hit

July 21, 2022
Source: malaymail.com malaymail.com
News Snapshot:
NEW YORK, July 21 ? Tesla reported better-than-expected earnings yesterday of US$2.3 billion (RM10.2 billion), despite a hit from Covid-19 lockdowns in Shanghai that weighed on profit margins in the second-quarter. Elon Musk's ambitious electric vehicle company scored about twice the profits in the latest quarter as it did a year earlier, but revenues missed projections. In recent weeks, Musk has made headlines over his withdrawal from a US$44-billion acquisition of Twitter, which has spurred a lawsuit from the social media giant. Although Tesla profits topped estimates, they lagged behind those in the first quarter, the first sequential profit drop...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: acquisition | auto | Automotive | Berlin | bid | bitcoin | blockchain | CEO | China | Covid-19 | Economy | electric vehicle | Elon Musk | factory | fintech | fraud | logistics | manufacturing | New York | Shanghai | social media | supply chain | Tesla | Texas | Twitter

Other News:

US Announces Civilian Nuclear Deal With Saudi Arabia

July 23, 2026
deccanchronicle.com deccanchronicle.com

Ascletis Announces Oral Discussion of ASC36_35 FDC Preclinical Data Demonstrating Superior Weight Loss to Eloralintide/Tirzepatide Combination at the 62nd European Association for the Study of Diabete

July 23, 2026
manilatimes.net manilatimes.net

Benchmark indices fall amid rising crude oil prices and West Asia conflict

July 23, 2026
economictimes.indiatimes.com economictimes.indiatimes.com

US announces civilian nuclear deal with Saudi Arabia

July 23, 2026
manilatimes.net manilatimes.net

Banker urges building up seaports

July 23, 2026
bangkokpost.com bangkokpost.com

Xpeng says Tesla, not BYD, is its real rival

July 23, 2026
7news.com.au 7news.com.au

Rs 20,000 crore push to build India’s carbon economy: 3 stocks positioned for the shift

July 23, 2026
financialexpress.com financialexpress.com

Pharma stocks slide as Trump's 100% generic drug tariff plan spooks investors

July 23, 2026
economictimes.indiatimes.com economictimes.indiatimes.com

Northrim BanCorp Earns $15.3 Million, or $0.68 Per Diluted Share, in Second Quarter 2026

July 23, 2026
manilatimes.net manilatimes.net
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.