Recently, Tesla announced its fourth quarter and 2021 full-year financial results. Revenue exceeded $17.7 billion in the fourth quarter of last year, up 65% year-over-year. For the full year of 2021, Tesla deliveries increased by 87 percent to about 940,000 units. Tesla motors are in strong demand and are expected to deliver 50% higher in production this year. At present, Tesla's production capacity mainly relies on Factories in Shanghai and California, and to meet the growing demand, Tesla needs to build more "Super Factories".
A few days ago, Tesla CEO Musk said that this year will be the next Tesla "gigafactory" site selection, is expected to announce the results before the end of this year. In response to Musk's latest statement, a fierce discussion was set off on the Internet. Netizens have said that Tesla's next "gigafactory" is the most suitable choice in their hometown, and listed many reasons. Previously, tesla provided 16,000 jobs after establishing a "super factory" in Shanghai, and brought more than 100,000 jobs to the industrial chain. It can be seen how strong the attraction of "Super Factory" is, and it is no wonder that netizens have asked to choose in their hometown.
Currently, Tesla's Factories in Shanghai and California delivered 936,000 vehicles throughout the year last year. The Shanghai plant accounted for 51.7% of total deliveries and produced approximately 484,100 units. In addition to the Shanghai and California plants, plants in Berlin, Germany, and Texas, USA, are about to start operations. In the context of new energy vehicles gradually becoming mainstream, Tesla needs to build more factories. So, who will spend the next "gigafactory"?
Musk has said that he is considering building a second "super factory" in Asia. It could be in China, it could be in Southeast Asia or India. For Musk to build a factory, India is eager to try. Earlier, the Indian parliament passed a $12 billion grant specifically to invite Musk to build a factory in India. India has a large population, low labor car costs, and a huge consumer market, and building a factory in India is in line with Musk's need to reduce the cost per car. However, there are many risks associated with building a factory in India, which is where to consider.
Compared with India, the domestic investment environment is better. The perfect domestic industrial chain, the huge consumer market, coupled with preferential measures, have attracted many CEOs, including Musk, to invest in factories. At present, there are many domestic cities that are vying to invite Musk to build a factory, such as Qingdao, Jinan, Shenzhen and Chongqing. Musk's specific choice of which country and city, has attracted much attention and expectations from the outside world.
(Text/Boo Tsai)