Share:Tesla's net income surpassed the $1 billion mark in the second quarter of 2021 for the first time in the company's history, according to financial results released on Monday. The American electric carmaker saw $1.14 billion net income attributable to common stockholders, which was up over tenfold from the same period of last year when it was just $104 million. Total revenue came at $11.96 billion in the second quarter of this year – up 98% from $6.04 billion in the same period of 2020. California-based company managed to produce over 206,000 vehicles during the April-June period, which was up from some 82,000 vehicles produced in the second quarter of 2020. Tesla's stock price climbed to as high as $676.42 per share after the final bell on Monday when it closed at $657.62 with a 2.2% daily gain.

Source: The Nation July 27, 2021 09:33 UTC