Tesla second-quarter profits top $1bn even as it struggles to handle demand
by Dominic Rushe from Technology | The Guardian on (#5MM1V)
A global shortfall of semiconductors has affected the Tesla supply chain as well as car manufacturers across the world
Tesla made a profit of more than $1bn in the last three months even as it struggled to keep up with demand for electric cars in the face of a global chip shortage.
The company announced Monday that it has made a profit of $1.14bn in its second quarter, 10 times what it made a year ago and its eighth quarter of back-to-back profits.
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