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Tesla (NASDAQ: TSLA) reported a 42% year-over-year increase in total revenue, reaching $16.9 billion in Q2 2022, with adjusted net income surging 62% to $2.62 billion. The company produced 365,923 vehicles and delivered 343,830 in Q3 2022, marking increases of 54% and 42% respectively compared to the previous year.
In terms of revenue sources, the automotive segment constituted 86% of total revenue at $14.60 billion, while energy generation and storage accounted for 5% at $866 million. Services and other segments contributed 9% with $1.47 billion.
Looking ahead, Tesla is set to produce its Semi Truck, with PepsiCo scheduled to receive initial deliveries on December 1. The company is also expected to report its Q3 results on October 19 after market close.
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