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Foreign media: Tesla's annual profit hit a record, up more than 665% year-on-year

Zhongxin Jingwei, January 27 (Xinhua) -- Tesla achieved record annual profits, but warned that the supply chain disruption problems that plague automakers in 2021 may continue until the end of 2022.

On January 26, 2020, Tesla announced its latest results, saying that sales in 2021 were $53.823 billion and profits were $5.519 billion, up from $31.536 billion and $721 million in 2020, respectively. According to this calculation, Tesla's profit in 2021 increased by 665.46% year-on-year.

Foreign media: Tesla's annual profit hit a record, up more than 665% year-on-year

Screenshot source: Tesla earnings report

The Wall Street Journal Chinese reported that although the global shortage of computer chips in 2021 has limited production in the entire automotive industry, Tesla still delivered more than 936,000 electric vehicles worldwide in 2021, an increase of 87% over 2020.

According to FT Chinese Network, Tesla's fourth-quarter revenue increased by 65% year-on-year to $17.7 billion, much higher than the expectation of $16.6 billion. In addition, Tesla achieved a record net profit of $2.3 billion in the fourth quarter of 2021.

The data shows that on January 26, Eastern Time, Tesla's stock price fluctuated after opening high. By the close of the day, Tesla was up 2.07% at $937.41. (Zhongxin Jingwei APP)

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