Tesla races ahead of rising raw material costs on price hikes

April 21, 2022 4:58 AM

SAN FRANCISCO (REUTERS) – Tesla Inc surged past Wall Street estimates for quarterly revenue and profit on Wednesday (April 20), as the electric carmaker raised prices in response to inflation, offsetting the impact of a Shanghai factory shutdown.

Source : https://www.straitstimes.com/business/companies-markets/tesla-races-ahead-of-rising-raw-material-costs-on-price-hikes