Tesla's 2021 profits soar to $5.5 billion

By Agence France-Presse

Jan 28, 2022 12:04 am

NEW YORK: Tesla rode rising demand for electric vehicles to a record $5.5-billion profit in 2021, but cautioned that supply chain problems would continue to crimp production through 2022.

Elon Musk's company, which scored an 87-percent jump in auto deliveries last year in spite of the global semiconductor shortage, reported a 71-percent rise in revenues to $53.8 billion.

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