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Tesla's Elon Musk Says Vehicle Delivery Growth Could Reach 60% This Year With Help From New Factories

Profits Surge as Car Price Increases Help Offset Rising Production Costs
Tesla's first-quarter earnings beat analyst expectations as prices for its electric vehicles surged as material costs continued to rise. (Tesla)
Tesla's first-quarter earnings beat analyst expectations as prices for its electric vehicles surged as material costs continued to rise. (Tesla)

Tesla expects its new factories could help get the maker of electric vehicles to reach 60% growth in deliveries as it struggles with increasing material costs and persistent supply chain delays.

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