Tesla expects 50% growth despite supply chain woes

Tesla sales will grow by more than 50% in 2022 compared with last year despite supply chain problems, chief executive Elon Musk has said.

The electric carmaker recorded a record $5.5bn (£4bn) earnings last year.

Sales at the firm rocketed 71% to $53.8bn in 2021, as it delivered more than 936,000 vehicles to customers.

But the firm warned growth would slow, as supply chain issues affecting carmakers continue to limit its manufacturing capacity.

Mr Musk said that 2021 was “a breakthrough year for Tesla, and for electric vehicles in general”.

–BBC

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