On January 27, Beijing time, Tesla announced the fourth quarter of 2021 results showing that during the reporting period, the company achieved revenue of 17.72 billion US dollars, an increase of 65% year-on-year; net profit of 2.321 billion US dollars, an increase of 760% year-on-year. For the full year of 2021, Tesla achieved revenue of $53.823 billion, an increase of 71% year-on-year, and net profit of $5.519 billion, an increase of 665% year-on-year.
In terms of production, Tesla produced more than 305,000 vehicles and delivered 308,000 vehicles in the fourth quarter of 2021, and produced 930,000 vehicles and delivered 936,000 vehicles in 2021.
Tesla believes that the competitiveness of the electric vehicle market will depend on the ability to increase capacity in the supply chain and the ability to increase production. Its future goal is to increase production as soon as possible, not only through new plants in Austin and Berlin, but also to maximize production at existing plants in Fremont and Shanghai.
Tesla CEO Elon Musk said that deliveries are expected to easily grow to more than 50% in 2022, with full self-driving this year. He also said that no new models will be launched this year; Tesla is facing chip restrictions this year and will be alleviated next year.
From the perspective of the secondary market, since 2019, Tesla's stock price has soared dozens of times. In November 2021, the company's stock price hit an all-time high of $1243. It is also because of the soaring stock price that Musk, as the CEO of Tesla, once exceeded $300 billion.
However, in recent times, in the case of Tesla's stock price retracement, Musk's net worth has also shrunk. Nevertheless, it still sits firmly on the throne of the world's richest man. According to Forbes real-time rich list data, Musk is currently worth $242.8 billion, ranking first in the world's richest list, and $57 billion higher than the second place.