Tesle goes map! It has a market value of trillions of dollars and an order for 100,000 cars – PRAVDA.sk

The Tesle card goes – it has a record quarter, its market value is rising astronomically, it is dominating European sales and it has received orders for 100,000 cars. In addition, the Model Y has performed well in Europe.

Tesle really “goes the card.” He has a record quarter behind him. Its profit rose 389 percent, rising to $ 1.62 billion (€ 1.39 billion) in the three months from July to September from $ 331 million in the same period a year ago.

Tesla is worth a thousand billion dollars

Revenue rose 57 percent year over year to a record $ 13.76 billion from $ 8.77 billion. The engine was high sales. It was not more marked by the global supply chain problems that are forcing other automakers to limit production. In the third quarter, Tesla delivered 241,391 vehicles to its customers, which was 73 percent more than in the same period in 2020.

“The third quarter of 2021 was a record from several perspectives. We recorded our historically highest net income, operating profit and gross profit. In addition, we achieved an operating margin of 14.6 percent, “the company said in a statement.

Tesla expects a rapid increase in production capacity and expects the year-on-year growth rate of supplies of its electric cars to accelerate to 50 percent. It is therefore not surprising that Tesla has entered an elite group of companies with a market value of at least $ 1 trillion (861.85 billion euros).

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The company’s market capitalization reached $ 1 trillion 11 years after its listing in June 2010. In addition to Tesla, the elite club of US-listed companies with a market capitalization of at least $ 1 trillion also includes Apple, Microsoft, Alphabet (Google’s parent company). and Amazon.

Data from the analytical company JATO Dynamics testifies to the fact that Tesla is currently “rolling” not only the American but also the European market. According to them, in September, for the first time in history, the electric car became the best-selling car in Europe, and for the first time ever, a car made outside Europe reigns supreme in this ranking – it is, of course, the Model 3.

Order for a hundred thousand cars

In September, the Model 3 naturally became the best-selling electric car in Europe with a huge lead. Another Tesla – Model Y.

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And to top it off, Tesla received a record order for a hundred thousand cars worth about $ 4.4 billion. Hertz Global Holdings car rental was ordered by them. And only shortly after this rental company was threatened with bankruptcy.

The company should receive all ordered cars, most of them Model 3, by the end of 2022. Hertz also said it would install thousands of chargers within its network. Customers who rent a Tesla Model 3 will have access to 3,000 Tesla charging stations in the US and Europe.