That means yet another delay for the Cybertruck pickup, which was originally scheduled to go on sale last year.
Tesla made $5.5 billion last year compared with its previous record of nearly $3.5 billion in net income posted in 2020. Musk said Wednesday the latest annual profit number pushed the company's accumulated earnings since its 2003 inception into profitable territory.
If Tesla were to start building new vehicles this year, fewer vehicles would be delivered to customers because company attention and resources would be diverted to the new model, he said. Musk said he'd be shocked if the software can't drive more safely than humans this year, although he dodged a question about whether the vehicles would reach full autonomy in 2022. Currently, Tesla says"Full Self-Driving" is a driver-assist system and drivers must be ready to intervene at all times.
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