The financial statements of the famous electric car maker (Tesla), showed that the company recorded a record profit of 1.61 billion dollars in the third quarter of this year.
According to the company's data, the quarterly profit jumped by 386.4 percent compared to its counterpart in the third quarter of last year, which amounted to $331 million at the time.
The adjusted earnings per share in the third quarter of this year amounted to about $1.86 per share, while expectations were to record $1.59 per share.
The company recorded record revenues in the third quarter of this year of $13.75 billion, compared to $8.7 billion for the same period in 2020, and compared to expectations of $13.6 billion, To rise during the comparison periods by 58.1%.
The company's record financial performance was driven by an improvement in gross margins to 30.5% in its vehicle business, despite supply chain crises and semiconductor shortages negatively affecting the industry. cars.
