Tesla took another shot at its skeptics by delivering solid second-quarter earnings — and its fourth consecutive quarterly profit — even amid the coronavirus pandemic.
The California-based automaker also announced on Wednesday that it will move ahead on plans to set up a second U.S. assembly plant, awarding the prize to Austin, Texas. The Lone Star State had been battling it out in a multi-state bidding war. Tesla already operates two car plants, including its original factory in Fremont, California, and another in Shanghai that opened last year. A third facility near Berlin is under construction.
Tesla picks Texas for
