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Tesla Posts Record Annual Profit
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wsj.comTesla Inc. cruised to a record annual profit but cautioned that the supply-chain disruptions that dogged auto makers last year are likely to continue through 2022.
Elon Musk’s electric-vehicle maker posted a $5.5 billion annual profit on $53.8 billion of sales last year, after increasing vehicle deliveries at its fastest pace in years. That is up from $721 million in profit and $31.5 billion in sales in 2020, when Tesla generated its first full-year profit, and ahead of Wall Street’s expectations.
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