Tesla announced in the first quarter of 2021, earlier: revenue fiercely increased by about 74% year-on-year

In the early morning of the 27th, Beijing Time, Tesla announced the first quarter of the 2021, showing that the business income reached 10.4 billion yuan, a year-on-year increase of 74%. At the same time, the net profit of GAAP in the first quarter was 438 million US dollars, which was significantly higher than $ 1,6 million in the same period last year, and Non-GAAP net profit exceeded US $ 1 billion. It is even more profitable for 7 consecutive quarters.

Tesla car official microblog said: Although the average sales prices in the first quarter have declined, but they benefited from faster decline in cost, and the car sales gross interest rate achieve continuous growth. In 2017, when MODEL 3 was started, Tesla average single cost is approximately $ 84,000. Since the launch of new products and the establishment of new plants, the average cost of bicycles decreased rapidly below $ 38,000 in the first quarter of 2021, reduced by about 55%.

Production and sales stability

In the first quarter, in the context of global epidemic and overall flexible cores in the automotive industry, Tesla still realized the production and delivery of the highest records. In the first quarter Tesla, a total of 180,338 cars was produced in a year, a year-on-year increase of 1,76%; global delivery of 184,877 vehicles, a year-on-year increase of 109%. Especially in March, more than 100,000 vehicles in March, have a new high history.

Among them, MODEL 3 has been a wave of low-selling high-end sedan, sales or long-term industry leaders in the world. This also indicates that electric vehicles have been realized in a wide range of automobile consumption markets in the global car.

Mask said at the earning report meeting, “From many ways, the first quarter of 2021 is a record. We see that consumers have real shifted the views of electric vehicles, our needs are best in history. of.”

Future expectation

The financial report shows that Tesla’s free cash flow is 293 million US dollars, borrowing and financing lease liabilities are reduced by 1.2 billion US dollars, and the cash is more abundant. In addition, with Model S and Model X completed new models, and the continuous climbing of Shanghai Super Factory capacity, Berlin and Texas’s construction of two new factories, trust Tesla will remain steadily in the next few years.

But at the same time, we can also see that the domestic domestic complaints of Tesla quality are frequent, while Tesla’s public relations teams have not been able to effectively, leading to continuous fermentation of public opinion. Before becoming the truth, Tesla has a long way to go.

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