Don't look at Tesla is now the world's leading electric vehicle company, when Musk founded Tesla, it can be described as "nine deaths", especially the financial crisis has made it on the verge of bankruptcy again and again.
Back in 2018, Tesla burned far more money than its revenue. The company's operating cash flow has been negative for many years.
Musk, the founder of the year, said, "Due to the difficulty of increasing production of the Model 3, Tesla is indeed facing a serious death threat." Fundamentally, this company is losing money like crazy, and if we don't fix these issues in a very short period of time, we're going to die. And solving these problems is extremely difficult."
Tesla has walked on the brink of bankruptcy again and again, and has been saved by capable people again and again. In Chun Gongzi's view, Tesla should be most grateful to the Chinese government!
Why should Musk thank the Chinese government the most? Because we really treat the conditions that Tesla gives.
In the past, all foreign car companies entering China must take out 50% of the equity for Sino-foreign joint ventures, which is a rule, a rule that has not changed for decades, whether you are BMW or Mercedes-Benz, you have to abide by this rule if you want to come to the Chinese market.
But for Tesla's sake, China changed the rule, allowing Tesla to build a wholly-owned factory in the Shanghai Free Trade Zone, at the cost of paying a 25% tariff.
On May 10, 2018, Tesla Shanghai Co., Ltd. was established, and in October, Tesla announced that it had acquired land, and in January of the following year, the Gigafactory officially started.
China introduced Tesla, at that time many netizens said that they could not understand, because there are many domestic car companies, why introduce an American car company?
In fact, it is well understood that Tesla's entry into the Chinese market will inevitably have an impact on domestic new energy vehicle companies in the short term, but in the long run, the comprehensive localization of Tesla's industrial chain will promote the comprehensive upgrading of the domestic automobile industry chain and further internationalization. It should be known that the weakest link in China's electric vehicle industry chain is vehicle manufacturing.
The domestic smartphone industry has made substantial progress in the past few years, because a number of domestic mobile phone brand manufacturers have competed with foreign companies such as Apple Samsung. This stimulates the vitality of innovation.
But it is necessary to mention that Tesla came to China to build a factory, only to achieve Chinese manufacturing, it did not set up the R & D center in China, so Tesla's Shanghai factory is a "foundry".
After Tesla has a factory in China, Tesla's development in the world is also smooth. Even Musk himself has expressed his gratitude to China many times.
Today, foreign media broke the news that Tesla's revenue in China reached $13.844 billion in the year ended December 31, 2021, an increase of 107.8% year-on-year.
At present, China is the second largest market after Tesla in the United States, accounting for 25.7% of the company's revenue; The U.S. remains Tesla's primary market, with the company generating $23.973 billion in revenue from the U.S. market in 2021.
In 2021, Tesla's car sales increased by 87% year-on-year to 936,222 units. This is an achievement in the face of supply chain crises such as chip shortages, which greatly exceeds the 50% growth expectations of the outside world. Worthy of being the world's leading electric vehicle company.
The era of new energy vehicles has just opened the zone, and China's new energy vehicle companies have shown their magic in the eight immortals across the sea. Excellent enterprises have never been afraid of competition, but actively embrace competition, only in this way can they enhance their combat strength and keep themselves "invincible"! Fellow old irons, what do you say?