Tesla’s Record Revenue and Profit Sound Less Fun Without Musk

  • Date: 24-Oct-2021
  • Source: Yahoo News
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Tesla’s Record Revenue and Profit Sound Less Fun Without Musk

After the bell on Wednesday, Tesla Inc (NASDAQ: TSLA) topped both top and bottom-line expectations. The record third-quarter results were driven by improved gross margins of 30.5% on its automotive business and 26.6% overall, both of which are records for at least the last five quarters.

Musk Was Missed