PALO ALTO, U.S. -- Tesla reported record profits and revenue for the third quarter on Wednesday, defying supply chain challenges that are haunting automakers.
For the three months ended September, Tesla reported $1.62 billion in profit, an all-time high, and more than quadrupled the $331 million in the same period last year. It registered $13.76 billion in revenue, up 57% from a year earlier, which is also a record for the American electric carmaker.