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Tesla reports more than $3B in profit in early 2022


Things are looking up for Tesla following the Giga Texas grand opening.

The ability to run factories at full capacity this year has been limited by global supply chain constraints that the company expects will persist through the year. But still, Tesla reported strong revenue growth in the first quarter of 2022.

Highlights from the start of Tesla’s year:

  • $3.3 billion in profit as revenue increased 81% year over year
  • 310,048 vehicle deliveries with Model 3 and Model Y’s making up 95% of it
  • Giga Texas held its grand opening party, marking the start of deliveries from southeast Travis County

If you’re ordering an EV, don’t expect a quick delivery or last year’s costs. CEO Elon Musk noted inflation pressures and said the waitlist extends into next year. Plus supplier and logistics cost growth are now reflected in prices. But he emphasized the high-quality production at the company’s headquarters.

“I’ve never been more optimistic or excited about Tesla’s future than I am right now,” Musk said.


Austin's airport consumer satisfaction drops from a year ago, below Texas peers

(Austin-Bergstrom International Airport/Twitter)

Flyers are less satisfied with the Austin-Bergstrom International Airport than a year ago, a new study shows.

Research firm J.D. Power placed ABIA at No. 15 on a list ranking overall customer satisfaction at large airports, a slip from last year’s spot at No. 7. Other Texas airports secured rankings ahead of Austin, with Dallas Love Field at third, Houston Hobby at eight, and San Antonio International Airport at ninth.

Dallas/Ft. Worth ranked eight in the "mega airport" category.

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1923 Lake Austin mansion demolition request pitting preservationists and some neighbors against owner and city preservation office
Austin Monitor

By Jonathan Lee

The Planning Commission was split Tuesday on whether to help save an eclectic lakefront estate from demolition by zoning it historic amid concerns over tax breaks and the likelihood that a previous owner participated in segregation as a business owner.

The property in question, known as the Delisle House, is located at 2002 Scenic Drive in Tarrytown. The main house, with Spanish and Modern influences, was built in 1923 by Raymond Delisle, an optician. A Gothic Revival accessory apartment was built in 1946. The current owner applied to demolish the structures in order to build a new home.'

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