Tesla has another record quarter in tumultuous period for Elon Musk
by Kari Paul in San Francisco from on (#5YCHA)
Electric car company reports $18.8bn in revenue for the first quarter, up 81% from a year before
Tesla smashed Wall Street estimates for revenue and profit in another record quarter on Wednesday, despite a tumultuous few months for its CEO, Elon Musk, and ongoing supply chain concerns.
The electric car manufacturer reported $18.8bn in revenue for Q1 of 2022, up 81% from a year earlier. The report beat analyst expectations of $17.8bn, sending Tesla shares up 4% in after-hours trading.
Continue reading...