Tesla nearly doubled its revenue in Q1 despite industry wide supply chain woes | Engadget

. Overall, the company posted $3.3 billion in net income up from $438 million last year.

Looking ahead, Musk anticipates another banner year in 2022. While the company's official outlook estimates a 50 percent increase in vehicle production,"I think we actually have a reasonable shot at a 60 percent increase over last year," Musk said. He also made mention of the Robotaxi prototype Tesla is developing.

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They started price gouging customers, even though parts costs barely went up at all if they even went up. Also there is a replacement cycle coming for former owners getting new cars, because their old ones are falling apart.

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