| Tesla on Wednesday posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a50 per cent more vehicles
“There should no longer be doubt about the viability and profitability of electric vehicles,” Tesla said in a letter to shareholders.Musk said factory output was constrained last year as the company focused resources on modifying vehicles and manufacturing to deal with the chip shortage and other supply chain problems that will persist this year.
The company said it is testing equipment at its new factory in Germany, and is still trying to get a manufacturing permit from local authorities.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: