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The strongest rival of the billionaire automobile firm Pham Nhat Vuong made a “horrible” feat.

Lately, electrical automobile firm Tesla – the largest rival of the automobile firm Vinfast has formally introduced the fourth quarter of 2021 revenue. Accordingly, the outcomes had been extraordinarily stunning when 3 occasions larger than the identical interval final yr, Tesla simply surpassed Wall Avenue’s forecast.

The strongest rival of the billionaire automobile firm Pham Nhat Vuong made a “horrible” feat.
Vinfast’s strongest opponent made a “horrible” feat

Particularly, within the monetary report of the fourth quarter of 2021, the revenue of the most important electrical automobile firm on the planet reached $ 2.9 billion, up sharply from $ 903 million in the identical interval final yr. This quantity even surpassed the $2.6 billion forecast by analysts in a Refinitiv survey.

> See extra: Time to cease, billionaire automobile firm Pham Nhat Vuong continues to play massive

Tesla’s income reached $17.7 billion, up 65%. Because of the above surprising outcomes, it helped pull full-year revenue to $ 7.6 billion. Income additionally elevated to 53.8 billion USD.

Photograph of Tesla’s “enormous” income

Nevertheless, lately, the rival of billionaire automobile firm Pham Nhat Vuong has encountered an issue when it’s suspending plans for brand spanking new merchandise on account of provide chain issues. The corporate mentioned it is not going to launch the automobile this yr however continues to be prepared for manufacturing and expects subsequent yr.

> See additionally: 2,000 ha ‘headquarters’ of Mr. Pham Nhat Vuong: The bottom with a future imaginative and prescient

Final yr, Tesla offered 936,000 items, practically double the five hundred,000 items offered in 2020. Tesla’s outcomes replicate the massive demand for electrical autos from prospects. It will assist the corporate be assured and optimistic in its future path.

Vinfast electrical automobile scores though it is simply launched

In addition to, it additionally reveals nice potential for electrical automobile corporations, together with Vinfast of billionaire Pham Nhat Vuong, to be assured in his resolution to modify to electrical car manufacturing by the tip of 2022.

> See extra: The worth of Honda SH automobiles ‘falls down’, Honda SH Mode modifications path to scale back deeply to welcome the Lunar New 12 months

The Vietnamese automobile firm has made a really robust impression not solely within the nation but additionally within the US and European markets. Promising that 2022 will probably be a increase yr for Vinfast.

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