Electric-vehicle maker says factories likely to continue operating below capacity this year due to supply chain bottlenecks
As Elon Musk attempts to buy Twitter, WSJ looks back at Twitter’s past suitors, like Salesforce, Disney and Alphabet. Tech reporter Tim Higgins explains why those past conversations fell through and what's different this time. Illustration: Nikki WalkerTesla Inc. reported record quarterly profit as consumers snap up the company’s electric vehicles, though production disruptions in China and inflationary pressures signal a bumpier road ahead.
The auto maker said first-quarter sales jumped roughly 80% to $18.76 billion, generating a profit of $3.32 billion. Wall Street expected the company to report roughly $2.2 billion in first-quarter profit on around $17.7 billion in sales, according to analysts surveyed by FactSet.
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