Recently, Tesla officially released its financial report for the first quarter of fiscal 2022 as of March 31. According to the financial report, tesla's total revenue in the first quarter was $18.756 billion, up 81% from $10.389 billion in the same period last year, and net profit attributable to Tesla's common shareholders was $3.318 billion, a record, up 658% from $438 million in the same period last year.
In terms of automobile production and sales, the total production volume in the first quarter was 305,407 units, an increase of 69% from 180,338 units in the same period of the previous year; of which the Production of Model S/X was 14,218 units, compared with zero in the same period last year; and the production of Model 3/Y was 291,189 units, an increase of 61% from 180,338 units in the same period of the previous year;
In terms of deliveries, total vehicle deliveries were 310,048 units, up 68% from 184,877 units in the same period last year; of which Model S/X deliveries were 14,724 units, an increase of 625% from 2,030 units in the same period last year; and Model 3/Y deliveries were 295,324 units, an increase of 62% from 182,847 units in the same period last year;
Total revenue was $18,756 million, up 81% from $10,389 million in the year-ago quarter; total automotive revenue was $16,861 million, up 87% from $9,002 million in the year-ago quarter; and gross margin in the automotive business was 32.9%, up 6.4 percentage points from 26.5% in the year-ago quarter;
Revenue from the sale of carbon credits was $679 million, up 31% from $518 million in the year-ago quarter;
In the subsequent first-quarter 2022 earnings call, Tesla revealed that it aims to produce 1.5 million cars this year.
Tesla CFO Zachary Kirkhorn noted that the company still believes it will achieve a growth rate of more than 50% by this year, and CEO Elon Musk also supports Kirkhorn's estimates.
Tesla stressed that the factories in Austin and Berlin are still just starting to increase, which may affect Tesla's gross profit margin in the second quarter. When high production is achieved by the end of this year, it will grow exponentially.
Musk also said that the new plant typically takes 9 to 12 months from the start of production to the time it reaches high-quality mass production. As a result, the contribution of Berlin and Texas to Tesla's production figures is likely to be more pronounced in the third or fourth quarter.
In addition, at the conference, Musk also shared some details about Tesla's new Robotaxi (self-driving taxi) vehicle. The new car won't have a steering wheel or pedals because it will be driven entirely using Tesla's Fully Autonomous Driving (FSD) software.
"We're also working on a new vehicle, which I mentioned at the opening of Tesla's Texas Gigafactory, which is a specialized robotaxi that's highly optimized for autonomous driving, which means it won't have a steering wheel or pedals," Musk said on the latest earnings call.
Musk added: "There's a lot of innovation around it, and I think those innovations are pretty exciting. It's trying to achieve the lowest cost per kilometer and I think it's going to be a very powerful product. ”
In fact, when Tesla's new Model S launched the special-shaped steering wheel before, it caused a lot of controversy in the outside world, and the outside world conducted various comparison tests between the steering wheel and the ordinary steering wheel. The announcement of the launch of steering-free models has attracted the attention of the outside world.
Musk also said on the conference call that inflation is a serious problem, some parts suppliers ask for a price increase of 20% to 30%, the current Tesla car purchase list is very long, and some models of the list has even been scheduled until next year. And due to the impact of inflation, some parts suppliers have asked for a price increase of 20%-30%, although the recent increase in the price of cars in China and the United States, but the current pricing has included Tesla's expectations for possible cost growth, and there will be no adjustment to the price of the car in the near future.
In fact, Tesla in the previous March, had "seven days up three times", on March 10, Model 3 dual motor all-wheel drive high-performance version, Model Y two-motor all-wheel drive long-endurance version, Model Y dual motor all-wheel drive high-performance version of the three models of the price increased by 10,000 yuan, adjusted prices were 349,900 yuan, 357,900 yuan and 397,900 yuan, respectively.
On March 15, the price of the Model 3 high-performance version was 367,900 yuan, up 18,000 yuan. The price of the Model Y long-endurance version is 375,900 yuan, which is also up 18,000 yuan.
On March 17, the price of the rear-wheel drive Model Y was raised to 316,900 yuan, an increase of 15,060 yuan. The price of the Model Y long-lasting and high-performance version remains unchanged.