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July 26, 2021 08:58 pm GMT

Teslas quarterly profit surpasses $1 billion

Tesla reported Monday an eye-popping $1.14 billion in net income in the second quarter, results that blew past analyst expectations and marked the first time the company’s quarterly profit (on a GAAP basis) has passed the three-comma threshold. The results pushed shares up more than 2.2% in after-hours trading. Tesla was able to beat expectations […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/cTGSKbm3OX0/

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