Amazon and Tesla report strong revenue in first quarter of 2021, exceeding expectations.

From Barchart: 2025-02-07 16:02:11

Amazon reported a record-breaking revenue of $125.6 billion in the first quarter of 2021, exceeding expectations and showcasing the company’s continued growth in e-commerce and cloud services. Meanwhile, Tesla also exceeded expectations with a revenue of $10.39 billion in the same quarter, driven by strong demand for electric vehicles. Both companies continue to attract retail investors due to their innovative products and market dominance. Investors will be closely monitoring their performance in the coming months to assess their long-term growth potential.



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