The average production cost of Tesla bicycles is exposed to 36,000 US dollars! The profit margin is equal to that of Porsche

Recently, Tesla's annual report data shows that the average production cost of its bicycles has dropped to $36,000 (equivalent to about 229,000 yuan).

Among all the mass production OEMs in the fourth quarter of 2021, Tesla's operating margin is the highest, more than 12%, and Tesla's current product line starts at more than $36,000.

Tesla revealed that its cost per vehicle is $36,000 , (including all costs and expenses directly related to the production of the product) and excludes day-to-day expenses, sales and marketing expenses.

At the same time, unlike traditional car manufacturers, which also saves it a lot of costs, Tesla also added: "We believe that our current projects, including large castings, structural battery packs, 4680 batteries and many other projects, will help us continue to minimize product costs."

In addition, it is worth noting that Tesla's Q4 financial report shows that Tesla's total gross profit reached $4.847 billion, the overall gross profit margin was 27.4%, and the gross profit margin of the bicycle was as high as 30.6%.

In contrast, luxury brand cars generally have higher gross margins for bicycles, with Porsche at 16.7% and Ferrari at 18%, but Tesla is almost twice as high as Porsche.