Tesla Inc.'s quarterly revenue rose as the world's most valuable automaker sold a record number of vehicles to customers despite supply chain headwinds.
Net income attributable to shareholders surged to $2.32 billion, compared with $270 million a year earlier.
Revenue rose 65 percent to $17.72 billion in the fourth quarter, from $10.74 billion a year earlier. Tesla has fared better than legacy automakers in dealing with the supply-chain issues by using less scarce chips and re-writing software quickly while others including General Motors and Ford Motor Co have had to idle production.
The company reported profits of $2.54 per share, $1.74 higher than the same quarter last year.