AutomotiveIn World

Tesla nearly doubled its revenue

Tesla built 305,000 vehicles in the first quarter of this year, delivered 310,000 of them, and opened two new factories — in Berlin and Austin — all while CEO Elon Musk sought a highly publicized hostile takeover of Twitter. Tesla’s recent factory investments, as well as efforts to shore up its battery component supply chain, are part of the company’s localization strategy, which…
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