American electric car maker Tesla's financial results for the three months until September saw record sales as a result of raising prices in response to soaring raw material prices.
On the 19th, Tesla announced its financial results for the three months from July to last month.
As a result, sales reached a record high of 21.454 billion dollars, or approximately 3.2 trillion yen in Japanese yen, which is 1.5 times that of the same period of the previous year.
In addition, the final profit was 3,292 million dollars, which is double the same period of the previous year, or about 490 billion yen, resulting in an increase in both revenue and profit.
This is because the sales price was raised in response to the soaring raw material prices, and the worldwide sales volume increased by more than 1.4 times to 343,830 units.
However, amid growing concerns about an economic slowdown, investors in the U.S. media fear demand for Tesla's electric vehicles will weaken as sales prices rise and competition with Chinese electric car makers intensifies. However, it is unclear whether the company can maintain its strong performance in the future.