Few companies evoke as much intense discussion as Tesla. With a CEO that loves to stir the pot on Twitter, and ambitious plans to rule the world of electric vehicles (EVs) Tesla has built an army of advocates, and detractors.
In years gone by one of the biggest points of criticism was Tesla's constant losses. Quarter after quarter, Tesla made billions of dollars of losses — taking on more debt, or selling more shares, to fund its growth habit.
Tesla's turnaround
Those criticisms are less valid today, as Tesla reported this week that it had made more than $6.5bn from its operations in 2021, a record high. That number was well received, helping to paper over the ongoing supply chain issues that Tesla also announced, which are set to see plans for new vehicles (like the Cybertruck) get put on hold until 2023 at the earliest. With a valuation equal to the next 8 automakers combined expectations on Tesla remain sky-high. So far, the company is meeting them.
