Tesla Reports First Yearly Profit, Musk Again Promises Full Self-Driving

Tesla has done what some thought wasn’t possible: it had its first profitable year. Of course, some of that profit comes from selling EV credits to other automakers, but the company is still making money. In addition to being in the black, the automaker also introduced new Model S and Model X vehicles, and Tesla CEO Elon Musk pronounced that “2021 is going to be more exciting. I think it’s going to be a great year for Tesla.”

Part of the excitement is an updated proclamation from Musk that Tesla’s long-awaited $10,000 Full Self-Driving (FSD) feature will finally be available out of beta and available to Tesla owners at some point in 2021. CEO Elon Musk had previously promised FSD would be available in 2020 and, before that, in 2019.