Tesla Reports $3 Billion in Profit, Aims to Cross 1.5 Million Cars This Year
Despite ongoing supply chain challenges and factory shutdown in China, Elon Musk-run Tesla earned $3.3 billion profit in the first quarter this year, registering $18.7 billion in revenue. In the first quarter, Tesla produced more than 305,000 vehicles and delivered more than 310,000 vehicles.The company said it delivered 295,324 Model 3 and Model Y vehicles, while 14,724 were for the Model S and X.On an earnings call with analysts late on Tuesday, Musk predicted that the electric car-maker would be able to ramp up…