2021 for Tesla continues to be extremely positive. In the second quarter of 2021, the automaker had set a new record for deliveries of its electric cars. For this there was a lot of curiosity; in discovering the accounts of Q2 2021. Yesterday evening, Elon Musk & # 39; s company released financial data for this period which highlights a result above Wall Street expectations .
For the company this is the eighth consecutive profitable quarter.
Q2 2021
This quarter, Tesla posted total revenue of $ 11.958 billion . This is a 98% growth compared to the same period last year. Earnings were $ 1.45 (non-GAAP) and $ 1.02 (GAAP) per share. The company & agrave; US reported GAAP net income of $ 1.142 billion and non-GAAP $ 1.616 billion.
This is; it was the first time Tesla exceeded $ 1 billion in GAAP net income . It is worth noting that from the sale of green credits , the company raised $ 354 million. To allow these results above all the excellent sales trend of Model 3 and Model Y. Even if the company & agrave; did not share precise data for each model, it is clear that the success of Model Y is weighing heavily on both sales and financial revenues.
Even if details are missing in this case as well, the Chinese Gigafactory has also thought of giving a hand. The cars produced in this factory, in fact, are not only sold on the local market but are also exported to be marketed in other countries. Capacity productive that will not be able to than increase when the Gigafactories of Texas and Berlin come into operation. Factories that will also make it possible to reduce expenses, given that, especially in some countries, it will not be; more it is necessary to import cars from other Gigafactories.
For Tesla it & egrave; therefore closed a new record quarter both in terms of deliveries and in terms of financial data. Given the growth prospects for the coming quarters, & egrave; it is possible that all these records will soon be broken.
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