Tesla Reaches Milestone With First USD 1B Quarterly Profit

San Ramon (US) (AP) Tesla's quarterly profit has surpassed USD1 billion for the first time thanks to the electric car pioneer's ability to navigate through a pandemic-driven computer chip shortage that has caused major headaches for other automakers. The financial milestone announced Monday extended a two-year run of prosperity that has erased questions about Tesla's long-term viability raised during its early years of losses and production problems..

from Top India News- News18.com https://ift.tt/3y9ZvZ3