Tech

Tesla made $1.6 billion in Q3, is switching to LFP batteries globally

Enlarge / A Tesla factory. (credit: Getty Images) Tesla made a profit of $1.6 billion in the third quarter of 2021. It built 237,823 cars and delivered 241,391 cars in the process, ending Q3 with $1.3 billion in free cash flow and $16 billion in cash and cash equivalents. Impressively, these record results happened despite […]

Tech

Tesla earned a profit of $1.1 billion after delivering 201,250 cars in Q2

Enlarge (credit: Tesla / Aurich Lawson) Earlier in July, Tesla announced that it delivered 201,250 electric vehicles in the second quarter of 2021. On Monday, the US automaker filled in the rest of the gaps with its Q2 financial disclosure. Q2’s deliveries were a record for Tesla, earning the company $1.1 billion in profit. Tesla […]

Tech

Tesla Produced $331 million Gain in Q3 2020 

Expand (charge: Tesla / / Aurich Lawson) On Wednesday, Tesla released its financial results for its third quarter of 2020. The business states it finished Q3 2020 using a GAAP profit of $331 million, the fifth profitable quarter in a row to its US automaker. Encouragingly, regardless of the pandemic it’s a solid progress on […]