Tag: microchip

BUSINESS

Tesla Up The Ante In Profit

Electric car maker Tesla has brushed off supply chain issues and the global microchip shortage to report record quarterly sales and profits. Revenues rose to $13.76 billion in the third quarter of the year, up from $8.77 billion 12 months earlier. The company, led by billionaire entrepreneur Elon Musk, posted a net profit of $1.6 billion and sold 241,391 cars. […]