Elon Musk can be proud: Tesla ignores any financial or semiconductor crisis and sees itself in sales

Tesla has released financial results for the first quarter of 2022, and Elon Musk has many reasons to rejoice. Inflation, the semiconductor crisis or labor problems seem to be bypassing the largest carmaker.

In a worsening car industry, and solutions don’t seem to be coming too soon, Tesla has almost doubled its revenue in the first quarter of 2022. Revenues rose in the first months of this year until at an astronomical value of 18.76 billion.

In an extremely difficult quarter, Elon Musk is celebrating

In the first three months of this year, Tesla built no less than 310,000 cars and delivered no less than 305,000 of them. In addition, the electric car giant has opened two new factories in Berlin, Germany and Austin, Texas. The fact that Elon Musk, meanwhile, tried to forcefully buy Twitter is just a bonus.

Even if it is “on the plus side”, Tesla makes massive investments in the production process and goes to great lengths to strengthen its relationship with battery suppliers. At the same time, it wants to expand its production to reduce delivery costs. Basically, he wants to produce cars closer to where they are to be sold. It does not neglect the semiconductor crisis or the invasion of Ukraine by Russia, threats whose consequences can be exacerbated at any time. In addition, or rather, in addition, during this period that has just ended, the Gigafactory plant in Shanghai has suffered several production interruptions, some of them long-term, due to the Covid-19 pandemic. Production resumed only a few days ago.

Looking ahead, Elon Musk has promised to launch the long-awaited Cybertruck in 2023, while by the end of the year, at least in America, Tesla owners will be able to experience the car’s fully autonomous navigation system in a extended beta. Tesla has announced an increase in net profit in the first quarter of 2022 to $ 3.3 billion, from 438 million in the same period in 2021.