Tesla’s second quarter earnings fell 32% from record levels in the first quarter as supply chain issues and pandemic lockdowns in China slowed production of its electric vehicles.

But the Austin, Texas, company still surprised Wall Street with a $2.26 billion net profit for the quarter. Tesla stuck with a prediction of 50% annual vehicle sales growth over the next few years but said that depends on the supply chain, equipment capacity and other issues. Read more https://www.ayomidejai.com/2022/07/tesla-profit-falls-but-company-strikes.html