Tesla reported over $1 billion in net profits for the second quarter, beating analyst expectations for its financial performance along with record production and delivery numbers. The second-quarter net profit figure compares with $438 million booked for the first quarter. Revenues hit $11.96 billion in the second quarter, up from $10.39 billion in the first quarter. The company acknowledged the supply chain challenges—notably semiconductor shortages—as still present in the second quarter, pointing out that “With global vehicle…
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