Companies to Watch: Tesla Q1 profit thanks to Bitcoin & emissions credit, not cars

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Published Apr 28, 2021, 11:44 PM

Tesla was all charged up after posting a record net income of $438 million, and a revenue surge of 74% in Q12021. Yet, this profit didn't materialise thanks to car sales, so what else is at play? Adam Wong, Editor-in-Chief, The Fifth Person breaks down the numbers, and shares whether Tesla is in for a bumpy ride due to the ongoing semiconductor shortage, and two recent high profile crashes in the US and China.

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