Tesla Outstrips Toyota’s Profit by 8 Times Per Car – Nikkei


Elon Musk’s Tesla made eight times more profit than Toyota Motor per car in the July to September quarter, Nikkei Asia reported.

The US electric vehicle giant reported a $3.29 billion profit in the quarter, said the report, surpassing Toyota’s $3.15 billion, despite the Japanese maker selling more than seven times as many vehicles.

Read the full report: Nikkei Asia


Read more:

Honda Ramps Up EV Push With New China-Only Model

Japan Warns US of Possible Jobs Hit From EV Tax Credit Rules

Nissan-Renault Talks Focus on EV Strength, Equal Partnership


Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

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