Tesla Inc surged past Wall Street estimates for quarterly revenue and profit on Wednesday, as the electric vehicle (EV) maker raised prices in response to inflation, offsetting the impact of a Shanghai factory shutdown.Tesla has been an outlier since the outbreak of the coronavirus pandemic, posting record deliveries and earnings for several quarters when rivals wrestling with global supply-chain snarls rolled out production halts.Shares of Tesla rose 4 percent after the close of regular trading.
Load More
Load More