Tesla motors past rivals as Ford’s tax troubles drag on

The electric revolution is in full swing. (Image: Getty)

Fri, 09 Jun 2023

Tesla New Zealand overtook several rivals as the government’s feebate scheme gave the electric car maker a fuel injection, pushing its annual close to half a billion dollars. The NZ arm of the automaker that helped turn the global industry on its head more than doubled its revenue to $499.5 million in calendar 2022, from $230.7m a year earlier, and spat out a profit of $8.1m, up from $2.2m a year earlier. Of Tesla’s annual revenue, $482.6m was from auto sales, $14.5m from energy generation and storage, and $2.4m from servi...

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