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France 24
France 24
Business
Charles PELLEGRIN

Tesla makes record deliveries in 2022, but falls short of expectations

Tesla Inc. Elon Musk China Twitter Inc. France Supply chain
BUSINESS DAILY © FRANCE 24

The electric car maker Tesla has been hit hard by supply chain issues linked to China's zero-Covid policy and is now facing a slump in consumer demand. Despite Tesla making record deliveries in 2022, the figures fell short of Wall Street expectations. The group's share price plunged 65 percent last year, as investors were concerned that CEO Elon Musk was too distracted by his acquisition of Twitter. Also in the show, France's prime minister says raising the retirement age to 65 is negotiable ahead of pension reform talks with unions. We end by looking at the business of hiring "virtual" people in China.

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