Tesla 3rd Quarter Profits Exceed $1.620 Billion Despite Semiconductor Shortage

Agent009 submitted on 10/21/2021 Auto Spies Photos Timestamp: 10:04:25 AM

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Tesla Inc. posted a second consecutive record quarterly profit, earning $1.62 billion in the third quarter despite the ongoing global semiconductor shortage and other supply-chain challenges.

Revenue jumped 57 percent to $13.8 billion, and automotive gross margins rose to 30.5 percent.



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Tesla 3rd Quarter Profits Exceed $1.620 Billion Despite Semiconductor Shortage

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