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Despite China and supply problems, Tesla is making a big profit

August 29, 2022
Source: google.com google.com
News Snapshot:
The numbers are much better than expected for Tesla. The American manufacturer announces that it has made a better-than-expected profit in the second quarter, marked by production hampered by strict confinements in China and supply problems, but also by the rise in prices of its electric cars. Net profit for Elon Musk’s group, which is also mired in a legal battle over the takeover of Twitter, amounted to $2.3 billion over the period, almost twice as much as in the second quarter of the year. last year. But for the first time since early 2021, its profits did not soar...
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China Tech Buzz Topics: Automotive | banking | Berlin | China | electric vehicle | Elon Musk | entrepreneur | factory | Gadgets & Electronics | Honor | IT | legal | manufacturer | manufacturing | net profit | network | production | Shanghai | social media | stock market | Tesla | Texas | Twitter | United States | War

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