Tesla achieved its most profitable year on record in 2022, following a strong final quarter in which the US firm reach its highest ever quarterly revenue, net income and operating income.
Despite slashing prices in a number of territories around the world, the electric vehicle maker posted $24.3 billion (£19.6bn) in revenue in December, representing growth of 33% year on year. Tesla’s total annual revenue increased 51% year on year to $81.5bn (£65.8bn), while its net income more than doubled to $12.6bn (£10.2bn).
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