KlipC report: Tesla announced its first quarter of 2022 results after hours on Wednesday, according to data showing that the company's revenue rose 81% from the same period last year to $18.756 billion, and higher than analysts expected, while net profit of $3.736 billion increased by 255% year-on-year. Gross margin of 32.9%, automotive revenue increased 87% year-on-year to $168.61, boosted by multiple positive news, Tesla rose 5.57% after hours to $1031.6 in the US stock market.
At the same time, Tesla CEO Musk said on Tesla's first-quarter earnings call that Tesla is developing Robotaxi self-driving taxis and hopes to achieve mass production of Robotaxi in 2024.
It is reported that in the first quarter of 2022, Tesla delivered a total of 310,000 new cars, an increase of 68% year-on-year, Tesla also pointed out that due to supply chain shortage factors, the company has been operating below the planned capacity level for several consecutive quarters. At the same time, in addition to the impact of the lack of cores, the recent pandemic has also put pressure on the supply chain and factories, but even so, Musk also said in the earnings report that Tesla will achieve a 60% delivery growth rate this year.
With the start of foreign gigafactories, Tesla's global production capacity is also gradually rising, Damo analysts expect. In 2022, Tex will deliver 1.46 million vehicles, an increase of 56% over last year.
In addition, due to the increasingly serious inflation problem, some parts suppliers asked for price increases between 20% and 30%, although the company has been committed to reducing manufacturing costs, the impact of rising costs in Zhejiang has also prompted the company to adjust the pricing of products, tesla has raised product prices several times since March.
As for whether Tesla will increase prices in the future, KlipC said in an interview with Tesla executives that it would not point out that because the current pricing already includes Tesla's expectations that costs may increase, these are already our estimated prices for cars delivered in the next 6 to 12 months.