Elon Musk’s Tesla reports $5.5bn profit for 2021

Tesla rode rising demand for electric vehicles to a record $5.5 billion profit in 2021 as it managed through a range of supply chain issues.

Elon Musk’s company, which scored an 87 percent jump in auto deliveries last year in spite of the global semiconductor shortage, reported a 71 percent rise in revenues to $53.8 billion.

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