Tesla achieved record quarterly revenue and profits in Q3.
Will Tesla make earnings?
Along the way, Tesla's earnings would be growing from our $3 billion base by 37% a year. That's a full nine points faster than the 28% requirement when its market cap was $425 billion 12 months ago. Along the way, Tesla would need to generate $248 billion in total net earnings.
How much profit did Tesla make in 2021?
The company also generated $13.76 billion in revenue in the third quarter, a 56% increase from the $8.77 billion it reported the same period last year. Revenue was also 15% higher than $11.96 billion reported in the second quarter of 2021.