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Tesla: 75% increase in adjusted net income in Q3

(CercleFinance.com) - Tesla reported Q3 revenue of $21.
4 billion, up 56% from the same period a year earlier ($13.7 billion).

For its part, the adjusted EBITDA was $4.97 billion, up 55% compared to Q3 2021 ($3.2 billion).

Tesla benefits from an adjusted net profit up 75% to $3.6 billion, which represents an adjusted EPS of $1.05, up 69%.

The manufacturer also said it produced 365,923 vehicles during the quarter, a figure up 54% compared to the same period twelve months earlier.

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