Currently reading: Tesla surges to record profits despite industry setbacks

EV firm posted record delivery figures in the first quarter and raised prices to combat surging production costs

Tesla clocked another record quarter in the first three months of this year, delivering more cars, recording higher profits and posting its biggest operating margin in 13 years of production.

The EV firm's latest financial report reveals profits of $3.3 billion (£2.5bn), up $700 million (£536m) on the final three months of 2021. 

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lambo58 21 April 2022

amazing progress for a company that was only a startup 16 years ago