https://techcrunch.com/2021/10/20/tesla-charges-forward-with-a-third-quarter-profit-of-1-6-billion/

Tesla continued its profitability streak, reporting Wednesday net income of $1.62 billion in the third quarter, a nearly fivefold increase from the $331 million it earned in the same period last year. The record-setting profit came thanks to record sales and despite a global chip shortage and supply chain constraints that has affected the industry.

Notably, Tesla was able to earn that record net income (on a GAAP basis) even as the vast majority of its sales came from its cheaper Model Y and Model 3 electric vehicles. Tesla did take a Bitcoin-related impairment of $51 million in the quarter, ended September 30. Shares fell less than 1% in after market trading to $859.80.