According to China Securities News, in the early morning of April 21, Tesla released its financial report for the first quarter of fiscal 2022. Despite the impact of the COVID-19 pandemic and the supply chain crisis, Tesla's revenue and net profit still hit record highs.
Tesla's total revenue in the first quarter was $18.756 billion, up 81% from $10.389 billion in the year-ago quarter, and net profit attributable to Tesla's common shareholders was $3.318 billion, a record, up 658% from $438 million in the year-ago quarter, according to the earnings report.
Tesla's first-quarter revenue and adjusted earnings per share both exceeded analyst consensus expectations, pushing the stock up more than 5 percent in after-hours trading.
Tesla CEO Musk said on a first-quarter earnings call that despite supply chain uncertainty, Tesla should also be able to produce 1.5 million cars in 2022.
In addition, Tesla also said that it is developing a customized Robo Taxi self-driving taxi, which will neither configure the steering wheel nor install the foot pedals. Tesla hopes to achieve mass production of Robo Taxi in 2024, which will become a "huge driving force" for Tesla's growth.
Market share comparison: Tesla is the first in the world, ANDD is the first in China
In terms of market share, Tesla is currently the world's largest new energy vehicle enterprise, the first global share of new energy vehicles, Tesla accounted for 16.01% of global new energy vehicle sales in 2020, and Tesla is also the first new energy vehicle company in the United States, tesla new energy vehicle sales in 2020 accounted for 60.41% of new energy vehicle sales in the United States.
But in the Chinese market, Tesla lost to BYD in 2020 due to sales of the Model 3's brake system and other issues. In 2020, BYD is the largest sales enterprise of new energy vehicles in China, accounting for 13.10% of the total sales of new energy vehicles in China, while Tesla only accounts for 10.06% of China's new energy vehicle sales.
