The electric car manufacturer reported
Automotive revenue totaled
On an earnings call,
"While we're making cars at full speed, the global chip shortage situation remains quite serious," he said. "For the rest of this year, our growth rates will be determined by the slowest part in our supply chain."
The company also pushed back production of its Cybertruck pickup truck until after Model Y is active in
"Cybertruck and Semi, actually both are heavy users of [battery] cell capacity," Musk said. "So we've got to make sure we have the cell capacity for those two vehicles. We are looking at a pretty massive increase in cell availability next year."
In Monday's earnings report the company announced a loss of
Musk also said Monday would be one of the final quarterly earnings calls he would participate in, noting they prevent him from doing "actual other work."
"I'll do the annual shareholder meeting, but I think going forward, I will most likely not be on earnings calls unless there's something really important that I need to say."
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