As we all know, Tesla's electric vehicles sell very well in the Chinese market, even under the double blow of the epidemic and lack of cores, the performance is still super god, there are data showing that in 2021 Tesla's annual delivery volume in the Chinese market is 484,100 vehicles, it is worth mentioning that Tesla's global delivery volume is 936,000 vehicles, Tesla's delivery volume in China accounts for 51.7% of the total, has been more than half, so we can say with great certainty that China is Tesla's largest market outside the United States. And there are rumors that Tesla made a lot of money in the Chinese market last year, making 100 million yuan a day, is this true?
On the evening of February 7 this year, Tesla submitted its 10-K annual report to the U.S. Securities and Exchange Commission, publicly disclosing Tesla's revenue data in major markets around the world.
The earnings report shows:
In 2021, Tesla's revenue in the Chinese market was $13.844 billion (about 88 billion yuan);
In 2020, Tesla's revenue in the Chinese market was $6.662 billion;
In 2019, Tesla's revenue in the Chinese market was $2.979 billion,
In the past two years, the flame of Tesla's growth can be described as very exuberant, and it cannot be stopped, and it has doubled its growth in the Chinese market for two consecutive years.
For the whole year of 2021, Tesla's global revenue was $53.823 billion, which shows that Tesla's revenue in the Chinese market accounted for 25.72% of the total in 2021, while Tesla's first battlefield in the US market, Tesla's revenue in 2021 was $23.973 billion, accounting for 44.55% of the total revenue.
Why can Tesla get past the chinese market?
The main contributor is Tesla's Shanghai Gigafactory, which is mainly due to the capacity and delivery volume of the Shanghai Gigafactory.
As mentioned above, Tesla's global deliveries in 2021 will be 936,000 units, an increase of 87% year-on-year, so do you know the contribution of Shanghai Gigafactory in this?
In 2021, Tesla's Shanghai Gigafactory delivered 484,000 units, an increase of 235% year-on-year, accounting for 51.7% of Tesla's total global deliveries, and Tesla's first single market in the world.
Of the 484,000 units delivered, 321,000 were retailed in Japan, while the remaining 163,000 units were exported to countries such as Japan and Europe.
In the Chinese market, the Model Y retails 169853 units in 2021 and the Model 3 retails 150,890 units. From the perspective of car sales, Tesla China is second only to BYD Automobile and SAIC-GM-Wuling, and the two car companies will sell 584,000 new energy vehicles and 431,000 units respectively in 2021.
The strength growth in 2021 has given Tesla greater confidence, Musk has boldly predicted that this year's deliveries will increase by another 50% compared to last year, this year is not only attached to the Shanghai Tesla Super Factory, but also Fremont and Shanghai have built factories, Tesla data shows that the Fremont plant has a capacity of 600,000 vehicles, including 500,000 Model 3/Y, while the Shanghai factory has a production capacity of 450,000 vehicles.
Although the commissioning time of the Berlin and Texas factories has not yet been determined, Tesla has been promoting the development of the project, and the Texas factory has begun trial production of Tesla Model Y at the end of 2021, and the Berlin factory has also started testing of vehicle production equipment, but the Berlin factory has not yet received final approval, and the results should be seen soon.
We can obviously understand that in terms of production capacity, Tesla is really no longer worried, according to this development situation, this year's growth of 50% is really not blown, the daily income of 100 million is not blown, I have to say, I really look forward to Tesla's performance in the Chinese market this year, will the Chinese market become Tesla's first market?