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TexasTowelie

(112,168 posts)
Thu Jan 27, 2022, 10:16 AM Jan 2022

Tesla posts record profit, won't produce new models in 2022

Source: AP

DETROIT (AP) — Tesla Inc. on Wednesday posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer chips that has slowed the entire auto industry.

Although the company predicted it would be able to build 50% more vehicles than it made last year, CEO Elon Musk said the chip shortage would stop the company from rolling out any new models in 2022. That means another delay for the Cybertruck pickup, which was originally scheduled to go on sale last year.

Musk also said Tesla isn’t yet working on a promised $25,000 small electric car, but it will.

“We have enough on our plate right now, quite frankly,” he said.

Read more: https://spectrumlocalnews.com/tx/san-antonio/news/2022/01/27/tesla-posts-record-profit--won-t-produce-new-models-in-2022

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Tesla posts record profit, won't produce new models in 2022 (Original Post) TexasTowelie Jan 2022 OP
Is Tesla investment the new money laundering scheme? Samrob Jan 2022 #1
He has taxpayer space launches that will hold him over... turbinetree Jan 2022 #2
This is Tesla, not SpaceX. OnlinePoker Jan 2022 #3
"They" maybe separate but they still got taxpayer money turbinetree Jan 2022 #4
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