TESLA 2Q PROFIT FALLS FROM 1Q, BUT IS STRONGER THAN EXPECTED
Tesla’s second-quarter profit fell 32% from record levels in the first quarter as supply chain issues and pandemic lockdowns in China slowed production of its electric vehicles.
But the Austin, Texas, company still surprised analysts with a better-than-expected $2.26 billion net profit for the quarter. Tesla stuck with a prediction of 50% annual vehicle sales growth over
