Alan Adler
Monday, July 26, 2021
Electric vehicle maker Tesla reports first quarterly billion-dollar profit
Pollution credit sales are less of a factor as vehicle profitability at Tesla shifts to overdrive in Q2.
Pollution credit sales are less of a factor as vehicle profitability at Tesla shifts to overdrive in Q2.
Tesla will build its newest Gigafactory near Austin, Texas, chief executive Elon Musk announced during the company’s earnings call on Wednesday.
In a recent auto awards function in Germany, Elon Musk outlined Tesla’s plans of setting up its fourth Gigafactory in Berlin.
Tesla cuts prices of Model S and Model X; oil prices are down to a one-year low; Hong Kong bats for free trade; Hapag-Lloyd is launching a premium product based on extensive market research.