These two days are the original days of the Beijing Auto Show, although the auto show has been postponed, but the new car release set by major multinational car companies cannot be postponed, so you can see Mercedes-Benz BMW desperately pushing new cars.
Although there are no new products to compete with the traditional giants, Tesla only used a first-quarter earnings report to easily make headlines again, because this financial report once again broke the record and exceeded the expectations of analysts.
In the first quarter of 2022, Tesla's revenue was $18.8 billion, compared with the previous forecast of $17.9 billion; the gross margin of the automotive business reached 32.9%, exceeding expectations of 28.4%,4%; and the net profit reached $3.318 billion, well above the market expectation of $2.156 billion, which is 8 times that of the same period last year.
This is the tenth consecutive quarter of Tesla's profitability, although the Berlin factory is late, and the Shanghai factory has experienced a shutdown in the last few days of March, but it has not affected Tesla's amazing earning power for the time being, which can be seen from the gross profit margin of more than 30%.
Why is Tesla well able to cope with the adverse effects of the larger environment? Mainly because it responded quickly, after the supply chain and logistics were tight, Tesla immediately raised the price of the vehicle, and responded well to the rise in costs.
And Tesla's vehicles are basically always in a state of short supply, the delivery volume is higher than the production capacity, and a Tesla from the off-line to the delivery to the user's hands, an average of only 3 days, the intermediate logistics warehousing costs are controlled to the lowest point.
Of course, the impact of the epidemic is still uncertain, but tesla said that it is still confident that the sales target of 1.5 million vehicles set at the beginning of the year can be achieved, and may even exceed the target, that is, to achieve the target of 1.6 million vehicles.
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