Tesla Tops $1 Billion in Net Income in Q2, Holds $1.3 Billion in Bitcoin

Elon Musk’s electric vehicle company set records in its second quarter, surpassing $1 billion in net income. It also generated $11.96 billion in revenue, beating analysts’ expectations of $11.3 billion. During its investor call, Tesla revealed that its electric semi truck would be delayed until 2022 due to supply chain challenges. Musk also said that non-Tesla owners who used the company’s Supercharger stations would start to pay extra, and that Tesla now held $1.3 billion worth of Bitcoin.

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