Chip and ship shortages top threats to Tesla growthBloombergA double whammy of a global shortage of chips and ships is the only thing standing in the way of Tesla Inc maintaining sales growth in excess of 50 percent, according to CEO Elon Musk. “We’ve had a fantastic year, we had record vehicle deliveries,” Musk told Tesla’s annual shareholder meeting in Austin, Texas, on Thursday. The chip shortage does not appear to be slowing Tesla just yet. Musk said the “significant cost pressure” in the supply chain had forced Tesla to increase vehicle prices, at least temporarily. “We should be through our severe supply chain shortages in [2023],” he said.

Source: Taipei Times October 08, 2021 15:56 UTC