Tesla announced a surge in quarterly earnings on Wednesday as its sales of electric vehicles increased during the three months ending in September.

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According to the maker of electric vehicles, it made $3.3 billion in the third quarter.

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That was $1.6 billion a year ago, and the first three months had an almost record-breaking profit.

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It reported $13.8 billion to $21.5 billion in revenue.

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Tesla announced last month that it manufactured more than 365,000 cars during the third quarter.

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which is an increase of 50% over a year ago.

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Sales were also healthy, but investors are concerned that the market for the firm's high-end vehicles may decline.

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Comparing the fourth quarter to the third, Tesla sold around 20,000 fewer vehicles.

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It now takes less time to wait.

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As a result of the automaker's recent sharp price increases, sales may be under pressure.

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