Tesla posted a second consecutive record quarterly profit, earning $1.62 billion in the third quarter despite the ongoing global semiconductor shortage and other supply-chain challenges.
Tesla posted a second consecutive record quarterly profit, earning $1.62 billion in the third quarter despite the ongoing global semiconductor shortage and other supply-chain challenges.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.