On January 27, Tesla, an American new energy vehicle company, released the fourth quarter of 2021 financial report and the annual financial report.
According to the financial report, in the fourth quarter of 2021, Tesla's revenue was $17.72 billion, an increase of 65% year-on-year, and net profit was $2.32 billion, an increase of up to 760% year-on-year.
From the full year's financial data, Tesla achieved revenue of $53.823 billion in 2021, an increase of 71% year-on-year; net profit attributable to shareholders reached $5.519 billion, an increase of 665% year-on-year.
This is also the second consecutive year that Tesla has achieved profitability, and tesla has achieved a net profit of $721 million in 2020, which was the first profit in the company's 17 years of existence.
At present, Tesla has three major businesses, namely electric vehicle business, power generation and energy storage business, services and other businesses.
Revenue from the Electric Vehicle business for the fourth quarter of 2021 was $15,967 million, up 71% from the same period last year; revenue from the Power Generation and Storage business was $688 million, down 8.5% from the same period last year; and Revenue from Services and Other Businesses was $1,064 million, up 56.9% from the same period last year.
In terms of vehicle deliveries, Tesla delivered 308,600 vehicles in the fourth quarter, an increase of 71% year-on-year; total electric vehicle production was 305,800 units, an increase of 70% year-on-year. In 2021, Tesla delivered a total of 936,200 vehicles, an increase of 87% year-on-year; total new car production was 930,400 units, an increase of 83% year-on-year.
As of the end of the fourth quarter of 2021, Tesla had $17.6 billion in cash reserves. Their resilience has been strengthened.
For such an outstanding result, Tesla itself said: "2021 is a breakthrough year for Tesla, which means that there is no longer any doubt about the feasibility and profitability of electric vehicles." ”
However, Tesla CEO Elon Musk revealed that no new model will be launched in 2022, which means that the expected Cyber pickup, semi-trailer truck, supercar Roadster, and the legendary $25,000 new electric car will not appear in 2022.
Musk
The main reason tesla is so conservative is the chip shortage problem, the supply chain problem of auto parts will continue in 2022, and Tesla has to choose to abandon the launch of new models and instead ensure the production of existing models.
Musk has said that if there is nothing special, he will not attend the earnings conference call in the future, but this time he still appeared.
Since 2022, in less than a month, Tesla's stock price has fallen below $1,000, and its market value has fallen below $1 trillion, evaporating more than 18%.
Musk is optimistic about the 2022 delivery outlook, saying he expects deliveries to easily grow to more than 50 percent in 2022. That doesn't even include the capacity of Tesla factories in Germany, which can be achieved with Tesla Gigafactories in Fremont and Shanghai alone.