Tesla posts surprise $2.2 bln net profit in third-quarter

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DETROIT Tesla ’s third-quarter net income rose 17.3 percent compared with a year ago as its electric vehicle sales rose. The company made $2.17 billion from July through September, more than the $1.85 billion profit it posted in the same period of 2023. The profit came despite price cuts and low-interest financing that helped boost sales of the company's aging vehicle lineup. It was the company's first year-over-year quarterly profit increase of 2024. Revenue in the quarter rose 7.8 percent to $

Tesla posts surprise $2.2 bln net profit in third-quarter https://www.hurriyetdailynews.com/ - 10:34

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Tesla posts surprise $2.2 bln net profit in third-quarter https://www.hurriyetdailynews.com/ - 10:34