Tesla rode rising demand for electric vehicles to a record $5.5 billion profit in 2021, but cautioned that supply chain problems would continue to crimp production through 2022.
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, AFP reported.
"We plan to grow our manufacturing capacity as quickly as possible," Tesla said in a news release that reiterated the company's target of 50 percent annual growth.
"The rate of growth will depend on our equipment capacity, operational efficiency and the capacity and stability of the supply chain," Tesla said.