Get all your news in one place.
100's of premium titles.
One app.
Start reading
ABC News
ABC News
Business
business reporter Sue Lannin

Tesla makes record profit, despite inflation, price cuts and Elon Musk's chaotic leadership

Electric car maker Tesla has made record profits for 2022, despite inflation, price cuts to boost sales, and company boss Elon Musk's erratic leadership. 

The company said that, over the last quarter of 2022, it had seen record revenue, operating income and net profit because of price cuts and lower-cost models, outcomes that were better than predicted by analysts. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.