Tesla has hailed 2021 as "a defining year" as its full year financial reports reveal it doubled pre-tax earnings year-on-year and delivered 87% more vehicles.
"There should no longer be doubt about the viability and profitability of electric vehicles", said the EV manufacturer in its earnings report, in which it also outlined plans to significantly ramp up its global production capacity in the coming years.
The firm reported annual revenues of $47.2 billion last year, a 73% year-on-year increase compared to 2020, its previous record year.
