Companies

Tesla’s Irish arm sees profit before tax rise to almost €1m

The group’s cost of sales increased to €64.8 million

Turnover at Tesla Motors Ireland Ltd was €69.7 million in 2022

Tesla Ireland saw its profit before tax jump to €985,786 last year from €564,759 in 2021.

Turnover at the company was €69.7 million in 2022, up from €43.5 million the prior year, according to recently filed accounts from Tesla Motors Ireland Ltd.

The group’s cost of sales increased to €64.8 million in 2022 from €40.5 million in 2021.

The company spent just over €941,000 on the wages and salaries of its 20 employees during the ...