Thanks to a record number of vehicles delivered in the second quarter of this year, the American electric car manufacturer Tesla has earned for the first time in its history more than one billion dollars in three months, but warned that the shortage of semiconductors remains a threat, reports AFP.

The situation on the semiconductor side continues to be “quite serious,” Tesla CEO Elon Musk said Monday in a conference call with analysts. “It’s hard to say how long it will take because we can’t do anything,” Musk added. However, Musk said Tesla still expects to start production of the Model Y SUV at the Berlin (Germany) and Austin (Texas) plants, which are currently under construction, according to Agerpres.

Despite the shortage of chips and supply problems disrupting the automotive sector since the beginning of the year, Tesla delivered 201,250 vehicles in the second quarter, an unprecedented level. As a result, the group’s net profit increased tenfold annually to $1.14 billion. Also, the turnover almost doubled to 11.96 billion dollars.

On the other hand, Tesla, a company for which a large part of the profits come from the sale of pollution certificates to other companies, because its cars are not polluting, expects this source of income to start to decrease. In the second quarter of this year, revenues from this activity amounted to $345 million, compared to $518 million in the previous quarter.

In contrast, if in the first quarter Elon Musk’s company recorded an operating profit of $101 million thanks to bitcoin, in the second quarter it recorded losses of $23 million for the same reason. Tesla caused a surprise earlier this year when it announced that it had purchased $1.5 billion worth of bitcoin. The value of the most important cryptocurrency increased explosively until mid-April and then depreciated.