The financial statements of the giant electric car manufacturer (Tesla) showed that the bank's net profit rose in the second quarter of this year by a significant rate of 998% on an annual basis.< /p>
The company's net profits during the period amounted to about $1.14 billion, compared to the profits of the same period in 2020, which amounted to approximately $104 million.
Adjusted earnings per share were $1.45 in the second quarter of this year, versus expectations of 98 cents.
Tesla's revenue rose to $11.96 billion, compared to $6.03 billion in the same period one year ago, and compared to expectations that it was recording $11.30 billion.
The business results showed that automotive revenues amounted to $10.2 billion, while regulatory approvals decreased to $354 million, and the company achieved $801 million from the energy business.< /p>
Tesla previously announced 201,250 vehicle deliveries in the second quarter of this year, with 206.4 thousand units produced.
