It's the fourth quarter in succession the company has returned a profit - the first time in its 17-year history.
Tesla's second-quarter revenue fell to $6.04 billion from $6.35 billion a year earlier, but that also surpassed analyst expectations for revenue of $5.37 billion.
Elon Musk has admitted that Tesla's current models are too expensive and suggests that the electric automaker could release a new small entry-level model. The area had been competing with Tulsa, Oklahoma, for the new plant, which promises to create at least 5,000 jobs. Benzinga said the company had previously "zeroed in" on Oklahoma and Texas as its next destination, while CNBC reported in another article that Travis County officials voted last week to give Tesla a minimum $14.7 million in tax breaks to build its new vehicle plant in the Austin Green development. Operating expenses were down 14% to US$940 million in the quarter. The questions were all about whether Tesla had also managed to protect its margins.
Electric vehicle trailblazer Tesla has reported its fourth quarterly profit in succession.
"However, the electric auto giant has enjoyed a spectacular run already this year, rising 270%, and while questions about the group's long term future may be a thing of the increasingly distant past its valuation remains a sore point for many".
Tesla's share price now tops more than $1,550, up from $430 at the beginning of the year, fuelling debate the firm is overvalued, said BBC News.
In the three months to June 30, Tesla earned $104m (£82m), putting it on track to be included in the S&P 500 stock market index.