Money FM 89.3: Tesla Q1 profit thanks to Bitcoin & emissions credit, not cars

Tesla was all charged up after posting a record net income of US$438 million, and a revenue surge of 74% in Q1 2021. 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 U.S. and China.

The Fifth Person

The Fifth Person is an award-winning investment site that focuses on Asian and U.S. equity research. The Fifth Person won best independent investment website at the SGX Orb Awards organized by Singapore Exchange in 2018 & 2020.

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