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In 2021, Tesla's phenomenal profits were offset by constant crisis In 2021, Tesla's phenomenal profits were offset by constant crisis
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In 2021, Tesla's phenomenal profits were offset by constant crisis
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Old 23rd December 2021, 05:46   #1
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Default In 2021, Tesla's phenomenal profits were offset by constant crisis

The close of 2021 finds Tesla wealthier than ever — and, in CEO Elon Musk’s case, wealthier than everybody else. The electric vehicle manufacturer notched records for both deliveries and profits this year despite a global chip shortage that decimated supply chains worldwide, effectively kneecapping the rest of the automotive industry’s production capacity. However its financial successes were often overshadowed by Tesla’s continuing production quality issues, multiple NHTSA and SEC investigations, high profile failures of its vaunted “Full Self Driving” system, as well as numerous vehicle recalls and delays for upcoming models. And with existing industry stalwarts like Ford, GM, Honda and the Volkswagen Group making concerted efforts to electrify their own offerings, could 2022 be the year that Tesla’s reign as top EV automaker finally ends?

https://www.engadget.com/tesla-had-a...0.html?src=rss
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