Electric vehicle maker Tesla reported for the third quarter of 2022: Total revenue was $21.45 billion compared to $13.8 billion last year. The company’s total net profit reached $3.3 billion, operating – $3.7 billion.
Revenue from the automotive division was $18.69 billion, 55% more than the previous year. The unit, which sells replacement batteries for residential and commercial use and installs solar panels, generated $1.12 billion.
During the reporting quarter, Tesla produced 365,000 vehicles, a total of 929.9 thousand since the beginning of 2022. The company produced 19.9 thousand Model S/X and 345.9 thousand Model 3/Y in the third quarter.
Tesla attributed the third-quarter results to a stronger dollar, rising costs for raw materials and logistics, problems speeding up production processes in Texas and Germany.
Author:
karina pardaeva
Source: RB
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.
