Categories: Business

Tesla reports a profit record, see more supply chain misery in 2022

New York: Tesla rode an electric vehicle request to a record $ 5.5 billion in 2021, but the company Elon Musk warned on Wednesday that the supply chain problem would continue to transfer production by 2022.
Electric Carmaker, which scored 87 percent in automatic delivery Then despite the shortcomings of global semiconductors, reported an increase in revenue of 71 percent to $ 53.8 billion.
But Tesla said she did not see immediate assistance from the supply chain that had activities “for several quarters,” he said.
“We plan to foster our production capacity as soon as possible,” he said in the news release that confirmed the company’s target of 50 percent annual growth.
“The growth rate will depend on the capacity of our equipment, operational efficiency and capacity and supply chain stability,” Tesla said.
“Our own factory has run under capacity for several quarters because the supply chain is the main divider factor, which is likely to continue until 2022.” Musk said he was grafting by announcing new semiconductor capacities that should alleviate imbalances at the end of 2022 or early 2023.
But “there might be another problem” the surface of this year, he said during the call analyst and investors.
Musk quoted the supply chain problem as a factor in the decision to delay the launch of the new product this year, adding that the company will conduct an electric pickup engineering “Cybertruck” with the eye to the possibility of launch in 2023.
“The focus of fundamentals Tesla is a circular vehicle,” said Musk, added That having the company introduces a new model in 2021, it will produce lower overall production.
Previous Musk has also discussed introducing an electric vehicle worth $ 25,000, but said that the product was also not in the front burner.
“We have too much on our plate,” Musk said.
In the latest quarter, Tesla scored $ 2.3 billion, up more than eight times last year because income jumped 65 percent to $ 17.7 billion.
Tesla has increased production in factories in California and Shanghai, while also building new facilities in Germany and Texas.
Tesla said he began to build a Y model vehicle in Texas at the end of 2021, when he began testing equipment in Germany around the same time.
“We are still in the process of completing manufacturing permits from local authorities” in Germany, Tesla said.
Musk said he was looking at adding more manufacturing locations, with further announcements possibly at the end of 2022.
Research analyst CFRA Garrett Nelson marked the company’s careful comments on the supply chain as unartming.
“Tesla has become an expert in indifference and excessive and has now defeated (hope) in nine of the last 10 quarters,” Nelson wrote.
“We repeat the opinion of ‘buy’.” Tesla shares rose 0.8 percent to $ 944.50 in trading after working hours.

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