Tesla earned over $3 billion in profit in the first quarter of 2022
Tesla reported that it earned a $3.3 billion profit in the first quarter of 2022. Tesla turned that profit on just over $18.7 billion in revenue, the company announced. That represents an 81 percent increase year over year, compared to $10.4 billion in revenue in Q1 2021.
The company logged $679 million in emission credit sales to other automakers, compared to $314 million in credit sales in Q4 2021. The company generates this revenue by selling these credits to automakers that make fewer “clean” vehicles than are required by the US government and the European Union.
The company says it started production in Berlin last month, and that it started Model Y deliveries from Texas in April. Musk also predicted on the earnings call that the company would be able to ramp up production and make 1.5 million cars this year.
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Tesla reported that it earned a $3.3 billion profit in the first quarter of 2022. Tesla turned that profit on just over $18.7 billion in revenue, the company announced. That represents an 81 percent increase year over year, compared to $10.4 billion in revenue in Q1 2021.
The company logged $679 million in emission credit sales to other automakers, compared to $314 million in credit sales in Q4 2021. The company generates this revenue by selling these credits to automakers that make fewer “clean” vehicles than are required by the US government and the European Union.
The company says it started production in Berlin last month, and that it started Model Y deliveries from Texas in April. Musk also predicted on the earnings call that the company would be able to ramp up production and make 1.5 million cars this year.
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Apple store workers in Atlanta file for the company’s first union election
An Apple retail store in Atlanta has filed for a union election with the National Labor Relations Board. The workers at the Cumberland Mall store, which includes salespeople, technicians, creatives, and operations specialists, would be represented by the Communications Workers of America. More than 70 percent of the group of about 100 eligible workers signed the union authorization cards, the minimum required is 30 percent.
The Atlanta workers said that while they provide critical sales and services to the company, Apple doesn’t provide cost-of-living raises or access to equitable stock options. The workers are part of a larger movement among retail employees who felt exploited during the pandemic by corporations that saw huge financial windfalls.
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An Apple retail store in Atlanta has filed for a union election with the National Labor Relations Board. The workers at the Cumberland Mall store, which includes salespeople, technicians, creatives, and operations specialists, would be represented by the Communications Workers of America. More than 70 percent of the group of about 100 eligible workers signed the union authorization cards, the minimum required is 30 percent.
The Atlanta workers said that while they provide critical sales and services to the company, Apple doesn’t provide cost-of-living raises or access to equitable stock options. The workers are part of a larger movement among retail employees who felt exploited during the pandemic by corporations that saw huge financial windfalls.
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🔋 Amazon’s latest renewable energy projects include its largest solar farm to date
Amazon has announced investments in 37 more renewable energy projects around the world. The company says these will increase its renewable energy capacity by almost 30 percent, up from 12.2 gigawatts to 15.7 GW.
The latest projects are in the US, Spain, France, Australia, Canada, India, Japan and the United Arab Emirates. They include wind farms, solar farms and eight solar rooftop installations on Amazon buildings.
Amazon has now invested in 310 projects in 19 countries. It says that when they're all up and running, they'll generate enough energy to power 3.9 million homes. The company said it will invest $2 billion into decarbonization efforts through the Climate Pledge Fund.
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Amazon has announced investments in 37 more renewable energy projects around the world. The company says these will increase its renewable energy capacity by almost 30 percent, up from 12.2 gigawatts to 15.7 GW.
The latest projects are in the US, Spain, France, Australia, Canada, India, Japan and the United Arab Emirates. They include wind farms, solar farms and eight solar rooftop installations on Amazon buildings.
Amazon has now invested in 310 projects in 19 countries. It says that when they're all up and running, they'll generate enough energy to power 3.9 million homes. The company said it will invest $2 billion into decarbonization efforts through the Climate Pledge Fund.
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Video: the aftermath of a Ukrainian Tochka-U missile strike on a farm in the Zaporozhye region
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⚡️ Biden to provide update on Russia, Ukraine at briefing on Thursday
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⚡️ DPR: 26 civilians found dead after shelling of Mariupol hospital by Azov radicals
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⚡️ Russian Federal Security Service prevented a terrorist attack in Crimea
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❗️Putin meets with Russian Defence Minister Sergey Shoigu in the Kremlin
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❗️ Ukrainian troops plan provocation in LPR on Orthodox Easter, Local Militia says
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❗️ Mariupol is liberated, but some Ukrainian radicals remain besieged in Azovstal plant, Shoigu tells Putin
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Watch: Russian T-80 main battle tank pulls a wicked drift through Mariupol junction
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📌 The latest on the Ukraine operation from the Russian Defence Ministry:
▪️ The village of Kreminna in the Lugansk People's Republic is under the control of Russian forces and LPR Militia troops;
▪️ Operational-tactical and army aviation hit 20 concentrations of Ukrainian troops and military equipment overnight;
▪️ Missile troops and artillery hit 1,001 Ukrainian military facilities;
▪️ Russian air defence forces shot down 13 Ukrainian drones, as well as one Tochka-U tactical missile;
▪️ In total, 140 planes, 511 drones, 254 anti-aircraft missile systems, 2,410 tanks and other armoured combat vehicles, 262 multiple launch rocket systems, 1,046 field artillery and mortars, as well as 2,259 special military vehicles of the Armed Forces of Ukraine have been destroyed since the start of the operation
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▪️ The village of Kreminna in the Lugansk People's Republic is under the control of Russian forces and LPR Militia troops;
▪️ Operational-tactical and army aviation hit 20 concentrations of Ukrainian troops and military equipment overnight;
▪️ Missile troops and artillery hit 1,001 Ukrainian military facilities;
▪️ Russian air defence forces shot down 13 Ukrainian drones, as well as one Tochka-U tactical missile;
▪️ In total, 140 planes, 511 drones, 254 anti-aircraft missile systems, 2,410 tanks and other armoured combat vehicles, 262 multiple launch rocket systems, 1,046 field artillery and mortars, as well as 2,259 special military vehicles of the Armed Forces of Ukraine have been destroyed since the start of the operation
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⚡️ Assange's defense not excluding applying to ECHR after London Court decision, lawyer says
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📌 Russian President Putin discusses Mariupol operation with Defence Minister Shoigu:
▪️ The militants in Mariupol used civilians as human shields during the withdrawal, Shoigu says;
▪️ The Azovstal plant occupied by Ukrainian militants and foreign mercenaries is "locked down";
▪️ Putin says an attack on the Mariupol industrial area is impractical, pointing out that the area should be completely blockaded;
▪️ Russian Forces guarantee life and dignified treatment to Ukrainian military who abandon Azovstal;
▪️ Putin called the completion of the offensive in Mariupol successful and congratulated Shoigu
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▪️ The militants in Mariupol used civilians as human shields during the withdrawal, Shoigu says;
▪️ The Azovstal plant occupied by Ukrainian militants and foreign mercenaries is "locked down";
▪️ Putin says an attack on the Mariupol industrial area is impractical, pointing out that the area should be completely blockaded;
▪️ Russian Forces guarantee life and dignified treatment to Ukrainian military who abandon Azovstal;
▪️ Putin called the completion of the offensive in Mariupol successful and congratulated Shoigu
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Watch: Russian Smerch multiple-launch rocket launcher operates in Ukraine
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❗️ At least 5 killed and 65 injured in Mosque explosion in Afghanistan, reports say
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❗️ Russian Foreign Ministry declares all staffers of Baltic countries embassies' personae non gratae
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