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Friday, 24 March2023

Tesla's Q3 Sales Missed Projections, Although The Energy Unit Increased

Tesla's Q3 Sales Missed Projections, Although The Energy Unit Increased

<p>Tesla announced sales of $21.45 billion in the third quarter, another record-breaking period that fell short of experts&#39; projections. Tesla&#39;s third-quarter net income was $3.3 billion, nearly twice the $1.62 billion made in the same period last year. Profits were pinched by increases in raw material prices, as well as challenges scaling up production at its Germany and Texas operations, as well as 4680 battery cell output, according to the business.&nbsp;<br /> &nbsp;</p>

Read full story at Tech Crunch
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