Tesla posted record revenue and profits in the third quarter, as it bucked the global computer chip shortage to supply its electric vehicles to a rapidly growing mainstream market.
The company posted a net profit of $1.6bn for the quarter, its highest ever, which comes just three months after it posted its first $1bn-plus quarterly profit since its founding in 2003.
Net profit soared 389 per cent from the previous year, while quarterly revenue rose 57 per cent to $13.8bn, slightly below estimates but still a record for the company.
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