Some of Tesla’s Benefits net income of $5,577 million in the first six months of the year, 253% more More than in the same period in 2021, after gaining 2.259 million in the second quarter thanks to increased production from new facilities in Berlin and Austin (USA).
Tesla’s revenue in the first half of 2022 is $35.69 billion. 16,934 million of this figure corresponded to the second quarter with an increase of 42% compared to the same period of the previous year. 88% of the luxury electric vehicle manufacturer’s first half revenue, 31,463 million, car sales and related services.
Despite the increase in revenues and net profit, the gross margin of automobile sales fell due to inflation and the sector’s increasing demand for batteries and other electric vehicle components.
Tesla said its Berlin assembly plant achieved a production rate of 1,000 vehicles per week in June and a positive gross margin in the second quarter. Regarding the Austin gigafactory, Tesla has begun offering customers in the United States the first vehicles built with the new 4680 battery cells, which offer faster charging capacity and higher energy density than the previous generation.
Tesla said in a statement that it continues to invest in expanding the capacity of its factories “to maximize production.” It produced a total of 563,987 vehicles in the first six months of 2022, of which 258,580 were produced in the second quarter. In addition, in the first half of the year, the company delivered 564,743 vehicles.