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Tesla expects 50% growth

Tesla expects 50% growth despite supply chain woes

Tesla expects 50% growth despite supply chain woes

 Tesla sales will grow by more than 50 percent by 2022 compared to last year despite supply supply problems, said chief executive Elon Musk. The electric car manufacturer reported a $ 5.5bn (£ 4bn) profit last year. Sales at the company dropped by 71% to $ 53.8bn by 2021, having delivered more than 936,000 vehicles to customers. But the company has warned growth will slow down, as supply chain issues affecting car manufacturers continue to reduce its production capacity. Mr Musk said 2021 was "a year of achievement for Tesla and all electric cars". "While we were fighting, and everyone…
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