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Tesla last year increased its net profit by 665 percent

Tesla’s sales in 2021 rose 71 percent to $ 53.8 billion. The company has previously stated that it delivered 936,172 electric cars to the market last year, ie 87 percent more year-on-year.

Musk called last year a “breakthrough for Tesla and electric cars in general,” saying there was no doubt about the profitability of electric cars. He added, however, that the company will not introduce any new models this year, because it has problems with deliveries for older types of cars as well.

According to him, the start of production of the announced Cybertruck electropickup could be postponed until 2023.

The results for the fourth quarter alone exceeded analysts’ expectations. Net income rose 760 percent year on year to $ 2.3 billion. Sales rose 65 percent to $ 17.7 billion in the three months to the end of December.

Nevertheless, Tesla’s shares weakened slightly after the stock exchange closed. They have lost almost 22 percent since the beginning of this year.

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