Elon Musk expects Tesla to grow by 50% despite supply chain issues

Elon Musk says Telsa sales will grow by more than half in 2022 compared with the previous year. The chief executive has shrugged off concerns over supply chain issues after the electric car manufacturer reported a record £4 billion ($5.5 billion) profit in 2021, while sales rocketed 71% to $53.8 billion with more than 936,000 vehicles being delivered to customers. Growth will still be slow due to the supply chain problems, but Musk described 2021 as a “breakthrough year for Tesla, and for electric vehicles in general”. He added: “While we battled, and everyone did, with supply chain challenges…

Read More