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Tesla’s Q4 report

Keypoints from the Q4 Earnings;

  • Tesla officially sold over 936K electric vehicles in the global market, despite facing a shortage of computer chips
  • Demand for electric vehicles were much higher than supply
  • Revenue rose 65% year over year in the quarter, while automotive revenue totaled $15.97 billion, up 71%, according to a Q4 Tesla statement
  • Elon Musk said that, Tesla is focusing on developing autonomous vehicle tech, to scale up the production at new factories in Austin, Texas and Berlin.
  • Cybertruck release date postponed till end of 2021

 

source; Tesla