Tesla announced its quarterly business results for the second quarter of 2023, which included achieving revenues of about $25.93 billion, compared to expectations that showed revenues of about $24.47 billion. During the first quarter of 2023, the American company announced revenues of about $23.33 billion, with a net income of $2.51 billion.
Revenue from the company's core business, electric vehicles, rose 46% year-on-year to $21.27 billion in the second quarter, up 6.5% from the previous quarter. Tesla's revenue from power generation and storage — from solar installations and backup batteries — rose 74% year-on-year to $1.51 billion.
Source (CNBC Arabic Website, Edited)
