Jul 26, 2021 - Economy
Charted: Tesla's record $1B quarter earnings

- Courtenay Brown, author ofAxios Macro

The numbers are in: Tesla booked its most profitable quarter on record — $1.1 billion — a feat as the auto industry is strangled by shortages.
- More of Tesla's sales came from actually selling its electric cars. It raked in $354 million from selling regulatory credits to automakers — $74 million less than this time last year.
What they’re saying: "Public sentiment and support for electric vehicles seems to be at a never-before-seen inflection point,” the company said.